How much money should one have to retire in bay area?
Same as above
20-25 times your expected annual expenditures
“Future” is the kwyword here. Inflation happens
Why would anyone retire in the Bay Area? Shitty traffic, high taxes and COL.
Because their friends and family are there?
Bay area is amazing minus col. Remove that as an issue and it cannot be beat.
This one does not have the same needs as that one
1 trillion
Have you heard of FIRE?
26x time yearly desired income in retirement.
Why do you want to retire here??
5mil, with assumption that house is paid off and don’t have any child expenses. Ppl who know a little bit about investing should be able to do well with that number.
If you have to ask you can't afford it
Thats not true
It’s true for 99%+ of the cases. Asking for how much to retire in the bay is like asking how much cocaine can you shove up ur ass.
20 million
Really?