/biz/ - Business & Finance

Enough money to retire comfortably

>>10369256
Doing what you *want* to do with the finite time you have to live

>>10369265
Before 30

>>10369256
Enough money to do whatever you want, and the other achievements (good education/good career OR satisfying business OR neet but actually use your time well, gf) to go with it

$2M net worth at least.

>>10369256
Different for everyone. This would be more than enough for me to sit there on the front enjoying early retirement grilling hamburgers at noon on a tuesday wondering to myself "I wonder what the poor people are doing?"

>>10369265
>>10369270
>>10369271
>>10369272
>>10369274
Absolutely cringe. The ones that made it love idiot posters like this. Please do blow your wealth lining my pockets, you disgusting farm animals.

>>10369290
sad

>>10369290
post your definition then

>>10369290

>>10369256
Income > expenses, at the level of your desired lifestyle

>>10369290

Agreed. Net worth is for chumps, what you want are appreciating assets that no one knows about creating value.

It's funny how most people on biz would have no idea what to do with $2m

>forever poor

>>10369282

Nice... I'd need to move to get the weather for it though

>>10369290

>retiring to a life of self sufficiency on a farm (having the money to do what I like without worrying about work) is lining your pockets.

I'll line your pockets with lead you fucking faggot.

Hippity hoppity stay the fuck off of my property.

>>10369256

Being able to choose what to do with your life without being oppressed by the fact that you need money to maintain your status quo

To be who you really want to be

>>10369324
>I want to literally roll around in the dirt and clean animal shit for the rest of my life
You are inhuman. The ones that made it do not feel bad about brainwashing your children or exploiting your labour value because you are a insect.

>>10369337

>No debt.

>House already paid off.

>Degree with no debt.

>Working for myself.

Can't exploit my labor value when you have nothing with which to exploit me :^) .

@10369290
Classic boomer cope

Enough money to retire, and progress humanity by 30.

i already died and met a few gods, my life is already complete you worthless subhuman faggots

money means absolutely nothing, i pity your empty souls

>>10369256
There was a recent article on private banking that had it at 20 million burger bucks for cattle class service. In my city that would buy you a well built but cozy detached home in a wealthy area whilst affording you the privileges of eating out locally most days and the expected education for your offspring, whilst maintaining an acceptable level of appearance with up to date motor vehicles, wives, vacations, and whatever other sundries, without having to actually work.

Basically at this level you will stop frightening the wealthy, but unless you have a lot more to your name than being an early bitcoin adapter you will not be anymore than their politeness. This literally gets worse in the third world so is a bare minimum target. Good luck, gentlemen.

Having no debt and being able live everyday doing whatever you want for the rest of your life. Obviously you can make it on a lot less if you enjoy hunting and fishing in a cabin on 500 acres in Montana over hookers and cocaine in NYC.

>>10369256
1million.

>>10369256
not baving to worry about problems

It's different for different people.
500k is enough for one and 10M not enough for another.

>>10369940
This is fundamentally flawed, made it is not living the same shitty basement neet life with a lambo in your parents driveway, if you cant share meals with made men then you have not made it and will be the eternal incel if not at the very least the cuck.

It goes in phases or so.

1) Make enough that you can live off of passive income "normally". At 10% $200k would do for me.
2) Well off: buy/lease a nice car go on nice vacations spend money outside eating etc. $1m would do for me
3) Rich: just do the fuck you want. $5m-$10m minimum or something

I'd say that it's a combination of doing what you like to do, earning enough money(which is different for everyone) from it and having enough time to actually enjoy the money you've earned.

maslowshierarchy.jpg

>>10369321
>It's funny how most people on biz would have no idea what to do with $2m
https://www.youtube.com/watch?v=xdfeXqHFmPI

Agreed. The way I think about it, 4% safe withdrawal from index funds is the gold standard. Can probably nudge it to 5% if I keep 10% assets in BTC. So every 1k I make (after taxes), that's $50/yr for the rest of my life properly managed. This is how everyone should be thinking about their gains. Not as "I can buy an extravagant thing now", but as "I can buy a necessary/sort-of-nice thing now and also every year from now until I die."

I don't mind it, it's people actually lusting after lambos and $10,000 watches who make moonshots happen and help contribute to my FIRE fund when I take profits.

>>10370164
Nice to see someone here actually in the FIRE community

I’m trying to escape the rat race by 35. I think 13 years of maxing 401k/IRA and taxable VTSAX + accelerated by crypto should do it

>>10370199
I dropped my 401k down to the minimum for full employer match and have been funneling the rest into crypto since April. It's been a painful DCA so far but hopefully it'll feel worth it once BTC cracks 10k again.

I'll admit during January hype I was hoping to retire by the end of the year, I've accepted it probably won't happen til at least 2022 for me now.

>>10369447
Oh! I have slipped the surly bonds of earth,
And danced the skies on laughter-silvered wings;
Sunward I've climbed, and joined the tumbling mirth
Of sun-split clouds, --and done a hundred things
You have not dreamed of --Wheeled and soared and swung
High in the sunlit silence. Hov'ring there
I've chased the shouting wind along, and flung
My eager craft through footless halls of air...
Up, up the long, delirious, burning blue
I've topped the wind-swept heights with easy grace
Where never lark or even eagle flew --
And, while with silent lifting mind I've trod
The high untrespassed sanctity of space,
Put out my hand, and touched the face of God.

>>10369256
2.4 million

>>10369282
Literally this.
My plan is to own a sailboat though. Less comfy but more fun to sail with the wind rather than just activating an engine and getting from point A to B.
I look forward to calling my wagecuck friends from one country one day, and then from the next one the day after.

>>10370443
>from one country one day, and then from the next one the day after
So you plan to capsize or get stranded in open water and die. Sounds fun

>>10369256
getting a girl who is wife material

>>10369282
can you explain the advantage of a houseboat over just a regular house?

>>10370636
I hope that happens to him. It would be hilarious

>>10370636
>what is coastal cruising
Am not planning to cross the pacific to go eat burgers in the murricas. There is the whole world to see when you're in europe and can cross to asia.

I just want to make enough money to go to Europe, so I can meet the girl I love