Stamets to People [email protected] • 8 months agoHard to fathomimagemessage-square31arrow-up1512arrow-down17
arrow-up1505arrow-down1imageHard to fathomStamets to People [email protected] • 8 months agomessage-square31
minus-square@VelvetStormlink1•8 months agoYou can’t really retire off 1 mill anymore unless you are living well below your means.
minus-square@humorlessrepostlinkEnglish6•edit-28 months agoI didn’t say I’d retire today, I said I’d retire 10 years earlier than my current trajectory while not changing anything else. I’d keep working and contributing to retirement.
minus-square@[email protected]linkfedilink1•8 months ago$1M is ~$40k/year. If you have a paid off house, that’s pretty reasonable. If you rent, you’re going to have a hard time.
You can’t really retire off 1 mill anymore unless you are living well below your means.
I didn’t say I’d retire today, I said I’d retire 10 years earlier than my current trajectory while not changing anything else. I’d keep working and contributing to retirement.
$1M is ~$40k/year. If you have a paid off house, that’s pretty reasonable. If you rent, you’re going to have a hard time.