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/biz/ - Business & Finance

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11538931 No.11538931 [Reply] [Original]

How much cash/net worth do you need to retire?

>> No.11538934

>>11538931
assuming you live a pretty basic/unlavish lifestyle

>> No.11538945

That depends completely on when you retire and how many years you expect to life afterwards.

>> No.11538953

general rule of thumb is 25x your yearly expenses making 4% return on investment which is really easy

>> No.11538961

>>11538945
i guess my question is at what net worth can i not work anymore assuming i live at home and a basic or frugal life. currently 30

>> No.11538989

>>11538953
thats it?

>> No.11539617

>>11538953
so like 1-2 million bucks. lmao.
and that's considering your house is paid off.

>> No.11539629

$42