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Retirement
- Retire in India Savings required to retire in India.. Suppose I don't have house.. Will have to buy one also with wife and two kids. Tc 🥜
- link Retiring next year Edit: There are a lot of questions and warmness in this thread, thank you all! If you are interested, please read this link to a fellow blinders post on FIREing in India that covers many aspects of it - https://us.teamblind.com/s/sqhzju14 My original post is below the line. ------------ I need 10
- vote Roast my retirement plan NW: $1.5M TC next year: $630k (L5 Seattle). TC after cliff: ~$400k Current yearly expenses: ~$70k/year. Age: 38 Family of 3, planning for one more baby. No primary residence (looking to buy ~$1.8M soon). I plan to save for my kids’ college expenses and also give my kids ~$500k each (by saving $1k /
- Retirement Just curious how does retirement happen in tech industry ? Is it you can only work till you are x years old & then you are shoved away ? or can you work till you want ? Maybe join smaller company in high post in twilight years. What is the policy in different companies ? How much to save if you want
- Time to retire? Getting bored at work although people are super nice. Accumulated some houses and stocks over last decade and they appreciated a lot. Maybe it is time for me to retire or take a year off?
- Microsoft reputation as retirement home? Veteran tech blinders, I was doing some research on great recession in 2009. Msft was still pretty profitable but had a rolling layoff of 5000 people. But i see everyone consistently saying it's recession proof and does not do layoffs and job security is great. People keep pointing to its mountain
- Retirement in Bay Area $2M NW (which includes house). No mortgage. No debts. Sick of corporate life. It seems my life is running past me and I am not getting the time to do things I love. Planning to do something on my own and travel. Single guy and not planning to get married ever. Can’t move out of Bay Area. I like the
- Early retirement 101 I’m pretty financially illiterate. I make a lot ($270k TC) which has kept me comfortably afloat but I’m pretty sure I’m burning cash month to month. Age = 25 Assets = - personal home ($800k) - a small index fund portfolio ($20k) -401k ($25k) - debit ($5k) Debts = - mortgage ($490k) - credit cards
- vote Would you retire If you had $5 million nw would you retire? Tc 225k
- AMA: RETIRING TOMORROW Has been a wonderful ride for me so far! Will be retiring tomorrow and be done with blind as well. Happy to answer any questions. AGE: 44 NET WORTH: 11M UPDATE: Thanks you every one for you good luck and wishes! will be signing off today aftertoon. I wish everyone a very happy and successful life.
- vote Will I be good to retire at $1,000,000? Currently at $420,000 with 5 yoe age 27 single no kids Tired of this rat race once I hit $1,000,000 I’m gonna quit and go travel a bunch of cheap countries. All of you saying “you need at least $5,000,000” - won’t that compound up to $5,000,000 and beyond eventually by the time I’m old? I live wit
- vote Retire or Not? Situation - I am 40 and earned 6 M, probably by taking a hit at health. Now I have started seeing health issues and thinking of retiring. Mind is tricking me that work with doctors and I can still work and earn more. Suggestions ... (Genuinely need an opinion)
- Retirement Investments I’m a 21 year old female living in Austin, TX. My yearly income is $184K. I make about $167K / year in TC working at Amazon. I also just bought my first house which I’ll be living in while renting out extra rooms. My projected rental income is $1425/mo which would yield $17,100/year. My escrow +
- vote backdoor vs mega backdoor for retirement If I make 180k base, I'm no longer eligible for the Roth IRA. I already max out my 401k (~20k), should I just do the backdoor Roth IRA (6k) since I'm no longer eligible, or should I go for the mega backdoor Roth IRA and contribute another ~40k of my salary to retirement savings? That would mean my 1
- Anyone else saving for financial independence retire early? Anyone else saving and investing to retire early? I had thought about retiring this year at 47, but inflation and likely market correction getting me to put it off to get past this? Networth $3 m .
- retirement ideas have enough money that I need and I think I dont need to work, however I am also not sure what to do with all the free time if stop working today. work pay and benefits is good. have kids. what would you do if you retire today? tc: 600k yoe:10 nw:6m
- Retire in India What are you’re plans to do so? Or rather if you are how do you plan to generate income and at what point would you retire in cities like Bangalore/Hyderabad? #india #fire
- vote retirement Why everyone here is so obsessed with saving for retirement, 401k! what is the point of suffering and living on budget to just maybe maybe have a better life after being a 60 years old man/women. what if I die tomorrow? I saw posts people attacking other people who are willing to pay more to have a
- Retirement? I am 35. Wife and I have busy jobs. No children. We have 1.8 M saved up. 550k current household TC. We can retire comfortably by 40 and have 2.5 to 3 M saved by then. Although we like working and have been working hard, I am hoping to do something more relaxed after 40, like part time work, some arr
- vote Should I retire? 61 Years Old 2.5M NW Kids out of college, no debt, paid uni From Eastern Europe Job is aight but a lot of work Could probably FIRE in home country and live like a king Or work in the Bay Area for a few more years then see what to do after 330k TC
- vote Rent or own in retirement? NW: 4M Planning to retire soon. Thinking about either getting a 1M condo or renting something for 4k per month. Which is better: A - rent @ 4k per month B - buy @ 1M all cash and pay 1.5k per month C - buy @ 200k down and pay 4.7k per month Assume rest of NW is invested in stocks.
- Can I retire? 24, 500k off crypto and stuff. Should I retire? TC: 300-350k
- vote Retiring at 40 To people who make the big bucks (400-500k in their early 30s) working at FAANG and say they will retire at 40-45. Do they really? What do they even do after retiring so early?
- Retirement Whats your age and how much you have in 401k or other retirement savings?#401k
- Retire At what age would you like to retire? and what would you like to do after retiring
- vote Retirement What would be a decent savings for retirement?
- vote When should I retire? My family TC is > 600K for the next few years and we have a NW around 6M now not including potential 2M inheritance. We have a one year old boy and thinking of having another girl. I don't enjoy my job but it provides me a good way to stay connected with the society and meet different people fro
- Retirement What is the average retirement age for software engineers? And also to the people who work in fanng or other big companies, when do you think you will retire? #swe #retirement
- vote Retire with 500k usd in india I'm 32 but already kinda tired of the corporate. I want to do random things, try small business ideas or do whatever pleases me like startup arts etc. With 500k NW can I somehow plan so i dont have to worry about basic life expenses in a tier 2 city in india ? Current tc 300k though spent several
- Retire Early or Take Remote Role? 10+ YOE / L5 320k TC (Remote US) NW ~4 mil / Single I feel burnt out, so I'm considering just retiring early, but I got offered a fully remote position on a new team (internal transfer at Google). Retire early or take the fully remote position, what would you do?
- Retirement When do you think you will retire from your Job?
- vote What age are you planning to retire? Im hearing alot of people in tech want to retire in their 30’s. That seems really boring to me, but to each their own. What age group would you want to retire and why?
- What is a good amount to retire in India? I am curious to know from people living in India in metropolitan cities like Delhi, Bengaluru, Mumbai etc.. as to what you guys think is a good amount to have in savings to retire and live happily? We are a couple both working currently we don’t have kids but planning on starting a family soon. Here
- Need to retire I need half a million more to retire. *Sigh* how long will it take. TC: 450k YoE: 20
- Retire at 40 (Our detailed plan) I and my husband work in NYC with combined household income of $450k. We already own a small townhome in IndianPolis (both of us are from Midwest). Our current savings : 750k (all invested in index funds. We currently invest 150k every year (including retirement account). I am 27 years old and we
- Ideal Retirement Age When are folks planning to retire these days? And how much do you need to retire? #tech
- Retire option 15 yoe - TC 230k at 100% of target rewards. Household TC 450k Net worth (pre tax) - $3.5m including 401k etc. A big thank to market rally in the last 5 year. Tripled new worth. I don’t own real estate and will move to a place where I can buy a small house for 500k No debt. Rent is 2200$. Other
- vote Retirement What’s your retirement plan ?
- Retirement?? How does everyone plan on retiring? Work at a pre-ipo? 401k? Pension? Social security?
- Can I Retire? Life is too short and moving too fast. Want to dedicate the rest of my life being a good dad… Age: 40 NW: 2.5 mil (Stocks, 401k) Current monthly expenses: 10k Kids: 1 (will probably have 2) My wife will continue working and making 70k/year from her profession. She doesn’t plan on retiring for at l
- Retirement What age do you want to retire by? Any backup plans as such when you do?
- early retirement? have more than enough money to live but still comfortable with work, would you retire or not? what would you do once you retire? tc:600k nw:5 million
- Retire on 700k? Is it possible to retire with 700k in some cheap country? Feeling burnt out and unmotivated doing meaningless work. Age 37, unmarried, no kids. Girlfriend 12 years younger who wants to be wife but she has no clear career path and still too young :/. TC 290k
- Retiring Is retiring at 40 a likely possibility working at Disney World?
- What’s your FIRE goal? FIRE = Financial Independence / Retire Early 1) What’s your FIRE number? 2) How did you come up with it? 3) How far along are you? 4) How or where are you investing. I’ll go first. 1) My FIRE number is $15M. 2) I calculated it by multiplying my annual expenses by 33, plus a paid off home. $36k monthly expenses including taxes, plus $1.1M
- When can I retire? Wife and myself close to 3M net worth! Family income around 1M+. What net worth should I target for comfortable retirement?
- I retired from LeetCode today Title. After LeetCoding every morning for a year straight, getting multiple FAANG offers earlier in 2020, and solving almost 1200 problems (multiple times, including every free Easy and Medium), I've decided to officially hang up the routine. It feels right -- not only am I starting a new role at
- Afraid to retire I have $20M but I need my health insurance. What can I do? I need $100M before I can retire comfortably in Belize.
- Retirement Have you done anything for your retirement? If yes, what does it look like? I mean financially
- What will you focus on when you retire? While I’m a long way from retirement, I often think about what I’d do during retirement, but usually fail to think of anything long lasting. What are your plans? TC: 550k YOE: 4