Comment on 100, here I cum
tallwookie@lemmy.world 1 year ago
eh, you’re free to retire in your mid 30s. it’s easy. i retired in my late 30s, then went back to work again when I ran out of money a few years later. it was nice, i look forward to retiring again.
Dude it is NOT easy to make enough to retire in your 30s. Congratulations to you for even making it a few years. That’s a huge accomplishment. But saying it’s easy is a bit unfair to those who are not able to make that kind of income.
Saying this as someone who also plans to retire before I turn 40, and I DO have an income advantage. It has been very difficult even still.
What’s your retirement number to retire by 40?
Close to $2M, but I care more about dividend income than the current stock market prices. If I can survive on dividends from VTSAX then I’m good.
Home paid off? LCOL area?
I apologize if these are prying questions.
Did you FIRE and calculate wrong or had a bad few economic years?
oh no, my job was offshored by IBM - I decided I wasnt going to work anymore and did that for a few years. then I ran low on funds and found a new job. I could quit now & do the same thing for a few years but I’ve got a different plan this time around, it’ll drastically reduce my monthly expenditures allowing my next “retirement” to much longer - possibly permanent.
Ajen@sh.itjust.works 1 year ago
Most people would call that a sabbatical.
TheSaneWriter@lemmy.thesanewriter.com 1 year ago
Interesting. Is retirement just a sabbatical until death?
NewNewAccount@lemmy.world 1 year ago
Death is just a sabbatical until reincarnation.
tallwookie@lemmy.world 1 year ago
yeah, you could call it that. for my mental health I referred to it as a retirement.