You absolutely do not need more than $300k to retire.

[Anonymous No.26148378]

Yes, $300k. Not 10 million, not 3 million, not one million (most of you will never see that money anyway, imagine saying 5m is not enough when you have $5k lmao).
$300k.

Stop living in your expensive hellhole. Seethe. Cope. Dilate. Have sex, westcels.

[Anonymous No.26148411]

>>26148378
You're not accounting for future inflation. I'm either going to make 10 million or suicide

[Anonymous No.26148425]

>>26148378
consoomniggers wont get this...

[pajeet No.26148442]

>>26148378
agreed, people need to think about how many years of their life they have left and how much cash they spend per year and calculate the true amount they need instead of just guessing 1 to 10 mill... when for all we know they could only be spending 5k per year lol the fuck do you need 10 mill for if you live off 5k per year?

[Anonymous No.26148467]

>>26148378
I cant live like a monk bro im 21 i need to get money party hard fuck whores get all that shit out of my system

[Anonymous No.26148473]

>>26148378
300k and you could sell poor man covered calls for life, rake in 100k per year easy.

Truly this anon speaks the truth.

[Anonymous No.26148478]

>>26148378
I plan on producing as many white children as possible. That costs money.

[Anonymous No.26148492]

i unironically have $300k right now and i live on <$5k a year but it still doesn't feel secure unless i get to $4mm
there's no point in "retiring" to be a lonely neet or to fuck thailand girls. you won't be 25 forever. at some point we all want a mate

[Anonymous No.26148532]

>>26148473
that's basically a job, and a tedious one where you stress about your gains and losses
the whole point of money is to never have to worry about money

[Anonymous No.26148591]

>>26148378
You could live in a decent part of a shit country, like Hyderabad in India, or a shit part of a decent country, like rural Wales, for this money. Assuming you get 10% ROI on your money each year which is difficult but not impossible. However you could not do this forever due to inflation. More than likely you will want around 500-600k and go for a more modest 7% ROI. Obviously more is better, but 500k is where i'll start breathing a little easier.

[Anonymous No.26148738]

>>26148442
this

[Anonymous No.26148898]

>>26148378
Let's say you have 50 years left to live (generous, I know). That brings you 6k a year... You're not going to buy a house with this, and even if you moved somewhere super cheap you'd still spend about half of your monthly budget on rent.

I'm looking for life changing money. I'm talking House, ability to support my family, and ability to travel without having to worry about the bottom line. Unless my gains reaches about 30 years worth of my income, what's even the fucking point?

[Anonymous No.26149002]

>>26148378
It's true but it's understandable for westerners to want to stay in the west, in which case if they want to not have too work while being wealthy they need at least a million, preferably 3 millions

[Anonymous No.26149046]

>>26148411
Except if you plan to spend all your wealth in the course of your life inflation is irrelevant, you're supposed to by assets that make money and this money will grow at the same time inflation grows

[Anonymous No.26149389]

>make 300k
>buy property and then rich people stocks to make passive income off
>Become a landlord and buy shitcoins
>easy

[Anonymous No.26149450]

>>26149389
That's my plan, except I plan to continue working for a few years even after making it to make it more.

[Anonymous No.26149920]

I'd like a £1m but I'd be happy with just £500k so I can have a house without a jew mortgage.

[Anonymous No.26149959]

>>26148378
If you are over 40 you can retire with 3 million. If you are over 25 you need like 5-7 million and still invest some aggressively

[Anonymous No.26150018]

>>26148378
>300k
Alright bucko, don't try to reach for anything higher and retire with that. Meanwhile i'll be passing by you with my lambo fucking 10/10 bitches.

[Anonymous No.26150056]

How hard are you people coping? There have been many of these threads lately. Are you justifying your shitty gains to yourselves and setting a goal that you think you could achieve if crypto 100x's? Pathetic.

[Anonymous No.26150102]

>>26148492
I have schizoid, I just need a tiny condo and enough for 60 yrs of food.

[Anonymous No.26150144]

>>26150102
I think schizoid is another term for based disorder

[Anonymous No.26150249]

You don't even need that much.
Just buy commodity shares that are as close to a sure thing as anything in this world (precious and base metal mining, basedbean and other agricultural futures/businesses), and as long as your investments grow more than you spend, you'll be alright.

[Anonymous No.26150252]

>>26150102
same fren, same. I just want a house away from society and 10x10ft land to grow some vegetables

[Anonymous No.26150257]

>>26149959
>>26150056

t. Consooomers

[Anonymous No.26150340]

>make $400k
>buy a cheap house in the country for $100k or less
>put the rest in an investment ISA
>earn $45k per year without having to lift a finger
>rises with inflation
>never work again

would this even be possible?

[Anonymous No.26150371]

>>26148473
Delete this nigger

[Anonymous No.26150406]

>>26148492
>you won't be 25 forever. at some point we all want a mate

Faggot n*Rmoid

[Anonymous No.26150476]

>>26148492
>fuck Thailand girls
Damn...I’m in Thailand right now with 6K gains thinking I’m some big shot.

...damn

[Anonymous No.26150479]

>>26150056
this

[Anonymous No.26150511]

>>26148378
4x away from making it

[Anonymous No.26150547]

>>26148442
living on 5k a year kek wtf

[Anonymous No.26150583]

>>26150547
He only eats bugs.

[Anonymous No.26150608]

>>26148591
Making it To retire and move to India

[Anonymous No.26150623]

>>26150511
How do you feel comfortable having all of that tied up in crypto? You could lose all of that so easily

[Anonymous No.26150719]

>>26150623
Greed.

[Anonymous No.26150794]

>>26148378
300k @4% gives you 1k a month, before taxes. Even assuming you have a paid off house, how would you afford health insurance and every other expense? If you’re really frugal, 600k is the minimum, preferably 1m though.

[Anonymous No.26150822]

>>26150719
Balls

[Anonymous No.26150826]

>>26148473
Why not sell Cash Secured Puts?

[Anonymous No.26150922]

>>26150623
Gambling

[Anonymous No.26150933]

>>26150822
based,
whats your cash out plan/targets for this cycle?
I'm sitting on 1.85m at the moment but in leafbux

[Anonymous No.26150940]

I too need around that sum OP.
A house in my home country with all necessities, a small garage workshop, living expenses for a couple decades and some cash to invest while I lightly wage here and there and start cutting expenses by growing my own vegetables and more importantly weed(already quit to save, but I want to pick it up again some day). The difference in standards of living we have in this world is astounding.
If I wasn't a dumbass I'd already be where I want three times over.

[Anonymous No.26151054]

>>26150933
Eoy I’ll take out 25%, then let the rest run, dca exiting over the long term I’ve done this since 2015, If we reach 100k early like say mid year I’ll reassess, same goes for if we hit a crazy figure before the next halving and my folio goes to 15-20m

[Anonymous No.26151100]

>>26148378
300k? Lmao you need way less than that.
How?
Just kys OP

[Anonymous No.26151148]

>>26148467
I second this. I was broke as sin in my early 20s, made some money around 25, 26, liquor and weed and strippers and club thots until 29, and now I'm chill. If you never get it out of your system you always wonder what if. That said I now find it disgusting

[Anonymous No.26151167]

>>26151054
Do you actively trade or routinely take out 25% at the end of each year. Also curious what are your holdings and do you do anything to minimize taxes? thx anon

[Anonymous No.26151190]

Not sure in burgerland but in eurocommie poorland you can unironically totally make it with 1mill
In most yuro countries most people wont even make that amount of money in their whole life. Just at 3% APY which is VERY conservative it works out to 2k EUR in MOST countries you will be making MORE than the average wageslave.

1mill is UNIRONICALLY more than enough to make it and never work a single day in your entire life again.

[Anonymous No.26151235]

You need at least 10mil to live decently imo. Who wants to live a humble life?

[Anonymous No.26151262]

Can you even buy a house with 300k these days

[Anonymous No.26151371]

>>26148378
You can retire on <$1
Simply subsist on universal energy acquired through highly advanced meditation.

[Anonymous No.26151438]

>>26150476
vid related is you

https://youtu.be/pat2c33sbog

[Anonymous No.26151580]

>>26148442
Someone inform me how you can live of 5k a year.

[Anonymous No.26151604]

I have over 2 million. I only really need 500k. It's nice to have a bit extra for some wiggle room, but 2 million? I have no clue what to do with all this money. I guess I can give some to family members and donate to charity.

[Anonymous No.26151877]

>>26148378
300k is too small, but a good start. 1 million is the bare minimum for me to retire

[Anonymous No.26152081]

>>26148378
>$300k
Assuming you have no dependents you can easily retire to a second world country on this, or first world if you own your home already.

Draw 4% a year, which is $1000. If you're frugal that's enough, and it will go up over time as you're funds should be growing a lot more than 4%. My retirement fund has grown 20% a year on average the last 5 years.

[Anonymous No.26152166]

>>26150794
>health insurance
just don't be an unhealthy fat fuck lol
>b-but what if an accident happens???
Don't give your real identity when you get taken to the emergency department. They'll treat you anyway. It's what illegal beaners already do, so you might as well too.

[Anonymous No.26152334]

jep, 300K euros is about my goal, I'll probably buy 4 or 5 apartments, and then rent them out, so I could make about 1200 euros per month, livin the dream :)

[Anonymous No.26152457]

>>26148378
Well you're not truly rich until you have at least 100 million. Anything less is poor status and you can't even spend your money really.

[Anonymous No.26152603]

>>26150102
>I have schizoid
I'm sorry. My friend has schizoid too and has suffered his whole life with the condition. How do you manage?

[Anonymous No.26152674]

>>26148378
300k is enough to make it for what I want to do
1m would be enough for me to retire
2m would be enough to make me feel secure in retirement and give me the ability to invest in friends and family's secuirty and safety but I would never aim for more than that, it's unnecessary

[Anonymous No.26152699]

>>26151580
Low class citizens in my country can love comfortably with $2500 a year

[Anonymous No.26152707]

>>26152334
in what country can you buy 4 or 5 apartments with 300k lol

[Anonymous No.26152729]

>>26152699
*Live

[Anonymous No.26152783]

>>26152457
>>26148411
>>26148467
>>26151235
You will never expierience true satisfaction or happiness and should probably kys

[Anonymous No.26152804]

>>26150608
I feel like any western white man would be a god there and have a line of pajeetas out the door waiting to fuck

[Anonymous No.26152838]

>>26152783
Cope. I guarantee I have already experienced more of both of those in my life.

[Anonymous No.26152942]

>>26148378
>Yes, $300k.
>p-please validate my poorfag stack this is enough!

>(most of you will never see that money anyway,
Oh so it's a demoralization thread. Listen here you little BITCH, you will always be low trash. You're nothing and neither is your little poorfag amount. Can't even buy a decent home, car, and have a family on that bullshit. You're absolutely disgusting. Get the fuck off my board right now.

[Anonymous No.26152949]

>>26152334
>300K euros
>buy 4 or 5 apartments
>1200 euros per month
Is it possible? Where? 1200 is unironically my dream.

[Anonymous No.26153002]

>Live in flyover state
>Houses are $200k for a nice house that's updated
>I have 250k in crypto + cash and make $50k/year

I CAN ALMOST TASTE IT

[Anonymous No.26153069]

>>26149920
>500k
>Actually 220k by the time you get taxed
>2 bedroom new build next to stacey and deano
Anon youre ngmi

[Anonymous No.26153073]

>>26152942
Cringe

[Anonymous No.26153079]

>>26149046
>you're supposed to buy assets that make money
Then you're not retiring off $300K. You're retiring off whatever income you're getting from your real estate or whatever.

[Anonymous No.26153120]

>>26153073
pussy

[Anonymous No.26153176]

>>26153120
Faggot
If you can't make it with 300k you're too stupid to make it, stop coping

[Anonymous No.26153182]

>>26150257
I'm not saying you need 10 million because you buy 2 lambos a year, but 300k is basically nothing. You CANNOT expect to retire off 300k if you're 40 or younger and live in a first world country. You'll be broke by 50 and man the cash register at Walmart if 300k is your 'fuck you' money.

[Anonymous No.26153198]

>>26153079
That's the plan, it's infinitely more realistic than trying to get millions from a few thousands

[Anonymous No.26153235]

>>26153198
Yeah, but you're not retiring from the passive income that 300k gets you. That's the point. We know what you're planning, we're saying it's not doable with 300k. And ironically you pisskids are the ones that tell us we're daydreaming.

[Anonymous No.26153238]

>>26153182
You don't have to live in a first world country and you should reinvest the money. Then it's enough.

[Anonymous No.26153262]

>>26148442
Not all of us are neets living in our mom’s basement anon. 5k wouldn’t even cover my rent for the year, let alone food or anything else. This doesn’t even factor in anons who actually have families to support and feed

[Anonymous No.26153271]

>>26153238
But I want to live in a first world country. Have fun getting robbed by Ivan when you move to Bulgaria to make it with your lunch money, lol.

[Anonymous No.26153285]

>>26153235
I live in Eastern Europe. I don't see how it's not possible to retire from the rental income from 2 flats and 100k left in stocks/crypto.

[Anonymous No.26153325]

>>26153285
Show me your calculation then. No, 'I GET 3000 A MONTH FROM THESE TWO IMAGINARY RENTALS' is not a calculation. Unless you've come up with that, don't even talk in threads like these, you have no clue what you're talking about.

[Anonymous No.26153327]

>>26151580
The first step is probably having a paid-off house

[Anonymous No.26153353]

>>26153176
You're the one coping trying to say that measly amount is enough.

[Anonymous No.26153401]

>>26148378
Nah 10M is the fully make it. Even that might present some issues depending where you live

[Anonymous No.26153418]

>>26148378
I need only my own house and the rest is bonus.

[Anonymous No.26153471]

I am from Lithuania and have a decent job, I earn 1100eu after taxes, 300k would basically cover roughly 30years of very average, but comfy life

[Anonymous No.26153510]

>>26149389
>imagine thinking property is a good investment now

[Anonymous No.26153651]

itt spoiled first world neets who do not even on an abstract level understand the value provide of the security and low corruption available in the west
you are going to be in for a rude awakening frens

also if living of the passive of 300k is your dream of making it, just go to western europe drop your spaghetti and collect autismobucks it wotks out to just the same living standard and the autismo bucks get inflation adjusted
because you also seem to forget to factor in hardship times in the financial markets, you need a buffer to get through those when your income drops hard
remember dividents can be suspended

[Anonymous No.26153877]

>>26153651
>understand the [vague nonsense]
Cope.

[Anonymous No.26153960]

>>26148378
What is the obsession with "retiring"?

Why do people want to check out of life so badly?

> what's the absolute minimum I need to go and live in the woods alone and just about feed myself until I die

pathetic

[Anonymous No.26154044]

Walter White made the same assessment

[Anonymous No.26154229]

>>26148378
in the us, if you live in a low expense area and own a home with low property taxes, yes. my mom and wifes mom both have ~300k in savings. between the moderate interest these things generate + social security, they get along just fine. Now they are both retirement age, so they get those gibs from daddy.us.gov, but its def possible.

[Anonymous No.26154230]

>>26152949
>>26152707

I own a flat in Spain, 40-50 years old in a mid size city, average cost is around 60k in the area and you can easily get 400eur/month rent. Say he buys 5, 300k, thats 2000eur/month deducting taxes (20%) and saving 400eur month for related expenses + inflation you unironically get 1200/month tax free which is average salary for the region

[Anonymous No.26154236]

>>26148378
$300k is not enough, you're a retard. Besides, if you got to $300k, it would be be like it you ran a marathon and quit 90% of the way there. All you need is like 1 more solid 10x and you'll have real money. $300k you can't do shit with. It will last you a few years at most, even in cheap cities. Retard

[Anonymous No.26154320]

>>26153960
>What is the obsession with "retiring"?
I think alot of people equate retiring with still waging BUT having the net to walk away from it and feeling secure. Working because you have to in order to eat is totally different from working because you enjoy what you are doing or the people you work with or whatever.

[Anonymous No.26154479]

>>26153960
Myself personally, Im not scared of not being able to make money without a wageslave, but will never take the leap from my comfy 60k eur/yea wage that puts me top5% for the country to go on the unknown without having at least 500k-1mil net worth to actually be able to unironically sustain me for the rest of my life even if I never get to make a single $ outside of a 3% APY return in my life.

[Anonymous No.26154590]

>>26152729
But can they love comfortably too? I respecc womens

[Anonymous No.26154816]

>>26152707
Lithuania, I already bought one for 55K, and rent it out for 400 (350 after tax), my next purchase will be a bit more expensive, thinking of 75K, could rent it for higher price too..

[Anonymous No.26155127]

>>26148467

Do you need to get that out of your system

Or have you just been told you do?

[Anonymous No.26155171]

>>26154236
>All you need is like 1 more solid 10x and you'll have real money
You have no clue. It's orders of magnitude more difficult to 10x from a low 6-figure hell than to 100x+ with your lunch money. I would know since I'm in that hell after having 200x'd my lunch money. Even in 6-figure hell in the current market one still worries if it's enough to make it with crypto.

[Anonymous No.26155346]

The house I want is $7,000,000.
“Making it” for me is AT LEAST $15,000,000

[Anonymous No.26155585]

>>26155127
they’re degenerate

[Anonymous No.26155618]

>>26153510
Real estate is unironically the safest investment that will still get you actual returns (e.g. bonds are safer but inflation rate is more than what bonds earn you now so they're ruled out) at this point in time.
Adjust for inflation and mortgage rates and then look at 2007 / 2008 compared to where we are now. Next housing market dip will be a long ways away from now and will probably happen after the Fed raises interest rates which they committed to not doing until at least a few years from today.
The "everyone's getting evicted from apartments" meme is mostly the media taking swipes at Trump, and even if it were true these apartment renters wouldn't ever be buying their own house to begin with so they're not going to negatively impact the markert for regular single family houses. If anything this just means less business for apartment complexes charging a premium for being the first option normie renters see on the internet and more business for those renting out spare rooms in their house who can offer lower rent than traditional apartment complexes would.

[Anonymous No.26155694]

>>26153510
>>26155618

[Anonymous No.26155701]

>>26148378
I could retire on $150k even if the crypto market crabs from here to eternity, but only if I knew the SEC wasn't going to eventually fuck me out of my livelihood. I don't trust them at all, so I need at least triple that (before tax) to get a golden visa to some free country and emigrate.

[Anonymous No.26156020]

>>26155171
it's not hard, you're just a dumb fuck. Fuck you and your so called six figure hell excuse. When I had 6 figures, there were NO opportunities anywhere and I had to waste my time trying college and wandering around aimlessly until I finally realized everything is a scam. Bitch, you have hundreds of ways you can print money with ease.

[Anonymous No.26156407]

>>26155346
Imaging you could maintain a 7 million dollar property with just 7 millions savings
That property will bleed you dry very quickly.

[Anonymous No.26156518]

>>26150340

You'd need 15% roi per year so probably not senpai

[Anonymous No.26156570]

>>26153285
>I live in Eastern Europe
there it is, thread discarded

[Anonymous No.26157096]

300k is 1,000 a month with a 4% SWR..

that's doable in southeast asia maybe, but in america it's going to be really tight

one bad medical event will destroy your capital

[Anonymous No.26157210]

>>26153325
Do you know how much rent is nowadays? I haven't done the calculations yet because I'm not close to having 300k but I don't see how collecting rent from 2 flats alone wouldn't be enough, let alone combined with stocks/crypto.
When I'm closer to making it I'll certainly do the math and post it here for my fellow 2nd world bros.

[Anonymous No.26157227]

>>26155618
you neglect the fact that developers can move into your area and blow it up with new 'smart' units, supply-fucking your whole investment up. If rents in your area gets just a bit juicy for 18+ months or more, this scenario will 110% happen. You wont be able to cover your mortgage and equity appreciation will stagnate.

Real estate is a scam if you're not a ruthless motherfucker willing to crack a bat over your tenants head. And you faggots are not it.

[Anonymous No.26157757]

>>26156020
You will never make it with that attitude. And I'm not talking about money. :^)

[Anonymous No.26158049]

>>26148378
Correct, now watch the westoids seethe.
t. spends 5k a year on Europe

[Anonymous No.26158051]

I'd be happy with 300k. 3 mil would be awesome but with 300k I found a hamburger business here I can put a down on for a 700k loan. Looking at the numbers the net profit is 25k and its run by a manager. I just need to go once a week to talk to manager and do some paper work. I can use the profits to keep investing too. All I want is to own a comic book store and not worry about my sales and just hang out and talk shop all day and own a porsche and drive up the mountains on the weekend and have no debt

[Anonymous No.26158094]

>>26158049
BASED
Westies always lose

[Anonymous No.26158155]

>>26148378
rent for 1 year in a very nice apartment would be 24,000 a year. Why would you retire if you can't afford a nice apartment?

[Anonymous No.26158280]

>>26158094
>https://earlyretirementnow.com/
Go there, get the excel table and fill out the numbers. It's a much better calculator than the other ones online. It shows what a proper withdrawal rate should be, and doesn't overstate stock returns expecting 10% a year. If you enter all the numbers correctly and it says you can make it there is no doubt you can. Be sure to remove the extra living costs and social security from the cash flow table to get accurate numbers. A 3.5% if a much safer rate than 4%, and you get to keep your principal in the end.