Net worth you'd need at 35 to feel comfortable retiring/living off investments?
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| bistre locus yarmulke | 04/23/18 | | razzle-dazzle confused elastic band mediation | 04/23/18 |
Poast new message in this thread
Date: April 22nd, 2018 10:42 PM Author: High-end philosopher-king
Depends on how much you hate your job, for one.
NW to be comfortable getting pushed out at work with no other options, and ngaf about resume gaps? Even if you have a couple million, you'd still feel like a failure and it'd be a source of stress. In your spare time you will read xo poasts by poasters who make $600k. "What is wrong with me?" you'll ask, "this guy maeks $600k! me: poast!"
Chances are if you have a job, you'll still work like a maniac to keep it, if that's your personality type.
Nobody can just quit GC, it's like crack except without the highs. You will be made to feel ignomonious for not participating, this is why wagecucks have been known to die without cause, mere months into retirement. In order to be above the fray you have to be worth MILLIONS. It's not about the money per se because you can live in a trailer in Arknansas, poast like a KING for not much $. It's about keeping up with the JONESES and having HEALTH INSURANCE that you don't use, an overpriced Car, and a $500k tuition fund for your children.
(http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35897382) |
Date: April 23rd, 2018 2:42 PM Author: snowy spectacular chapel boistinker
2.5 with a paid off & comfortable condo/house.
but i doubt i could just "retire" at that age
the xo NEET fantasy is not sustainable. at 2.5, i would devote myself to an artistic/business venture
(http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901803) |
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Date: April 23rd, 2018 2:50 PM Author: snowy spectacular chapel boistinker
in bigger cities like nyc/dc/sf there is something called "corporate housing" - this is essentially the "airbnb scam" business model, except you own the condo or work with the owner(s) of the property, rather than leveraging your rental.
so you put down a down payment on 3 condos, rent them out full time and instead of renting them for 1.5k each month with one year leases, you gross 4k a month through rentals on airbnb or similar sites.
i also had some luck with "real estate sevices." which is just anything related to real estate - you manage tenants, collect rent, send repair guys over, list properites and find tenants etc.
(http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35901914) |
Date: April 23rd, 2018 9:02 PM Author: bistre locus yarmulke
$9,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999
And still not enough to raise kids
(http://www.autoadmit.com/thread.php?thread_id=3956844&forum_id=2#35904604) |
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