Tech IndustryOct 26, 2017
MicrosoftNutOnMe

Target age to retire?

I'm hoping I can be financially independent by 45 making a passive income stream of about $14k a month (I won't be living in an expensive area like SF, Seattle, NYC). Note, I have not factored kids into this but I still think I'd be fine with 1 kid. What is your target age and how much passive income stream would you need per month to quit your job today or at target age?

LinkedIn strangest Oct 27, 2017

14k per month? Why so high?

Microsoft NutOnMe OP Oct 27, 2017

I could lower it to 10k a month I suppose.

Apple Crackajack Oct 27, 2017

40ish. I plan to retire and start teaching. So my income should still be decent

Microsoft newday23 Oct 27, 2017

Hard to retire on hope. What is the plan? Personal nut is ~9k

Microsoft NutOnMe OP Oct 27, 2017

I already have real estate that will be paid off completely around 45

Microsoft Tashai Oct 27, 2017

38. On track for 15k a month.

Apple Reticent Oct 27, 2017

Till I die. Chasing moving targets ...

Nextdoor poopingnow Oct 27, 2017

40s

Microsoft tk422 Oct 27, 2017

65

Pinterest afgesch Oct 27, 2017

Passive income from rentals or from dividend stocks?

Microsoft NutOnMe OP Oct 27, 2017

Rentals

Microsoft Uncmfrtble Oct 27, 2017

Until I am too old for someone to want to employ me

Apple Jony Ive Oct 27, 2017

I will work till I die or get my green card or no longer employable.

Microsoft Aftermath Oct 28, 2017

Hope your country become livable before you die so you can retire there comfortably.