How much money is needed to retire as a 25 year old single white American male?

[Anonymous No.14557913]

[Anonymous No.14557946]

>>14557913
About 40k RLC in 2021

[Anonymous No.14557956]

500k

[Anonymous No.14557964]

6 million dollars

[Anonymous No.14557963]

>>14557946
I mean in dollars

[Anonymous No.14557976]

>>14557964
Probably around this

[Anonymous No.14557991]

Depends on where in america. To live comfy you need like 3 million i would say.

[Anonymous No.14557996]

>>14557956
Wtf are you talking about mate. 500k would be 10k per year over 50 years. That's in no way enough to live a normal life

[Anonymous No.14558012]

Depends if you want to be single for life, or have a family.

Everyone’s number is different depending on what they want out of life.

[Anonymous No.14558014]

>>14557964
This sounds about right...live off 100k a year and invest the rest in stock, stocks that pay dividends, mutual funds and a bit in btc just Incase it actually goes to 250,000.

[Anonymous No.14558015]

>>14557913
>white American male?

Eugh, always thinking of yourselves, typical

[Anonymous No.14558045]

>>14557913
White male!? Sorry bro never going to make it. Even if you do get rich. Your people are on the endangered list and unlike a majestic creature such as the “Golden Eagle” you are not worth saving.

[Anonymous No.14558093]

>>14558045
I’m European I know American white burger fags are gonna stay on top for a long while. The only thing they should be on watch for is your white women....that’s the only group that might topple you.

[Anonymous No.14558094]

>>14557996
wtf are you talking about? It's not 10k a year if you have that capital doing something which you should be. Agree that 500k isn't enough though. I reckon 800k at absolute minimum.

[Anonymous No.14558277]

>>14557913
>American
Not possible, the best you can hope for is to become a greeter at wal-mart

[Anonymous No.14558279]

>>14557964
Wtf that’s so much please tell me this is not right

[Anonymous No.14558354]

>>14557913
I would say 10 million. If you were to get 5 million, you could work a low stress, part time job until you’re like 40 then live off the money.

[Anonymous No.14558376]

>>14557996
That's 50k a year indefinitely if you lend it as USDC on Celsius. You're financing leveraged trades and asset backed loans so the borrower always has collateral. On top of that the funds are insured to a higher amount than most bank accounts and you can withdraw without notice.

[Anonymous No.14558414]

There’s a formula online. Generally it’s something to do with the number 4

[Anonymous No.14558430]

>>14557913
to start today? $1.5 million

With a 3.5% average dividend yield you'd be earning (pretax) 52,500. That would continue to grow and outpace inflation if it was put into solid dividend growth companies, and you'd likely never need to touch the principal, which means that would also grow.

However if you have more time, you can have much less invested capital and have the market and compounding interest do the rest.

[Anonymous No.14558506]

>>14557964

[Anonymous No.14558549]

if you lend it on fulcrum, that's a lot of money...

[Anonymous No.14558572]

>>14557964

[Anonymous No.14558583]

>>14557913
Right now it would be harder because our healthcare system sucks so bad. If you want to have a wife and a kid you're looking at $18k a year just for premiums. If our healthcare system ever gets fixed you could do it with way less than a million.

[Anonymous No.14558590]

>>14558430
This. If you want to get into rental properties as well I'd say $2million. 1.5m for you dividend portfolio and use the extra 500k on down payments for a few rental properties. Have someone else pay off your mortgages and never touch the principle on your div folio

[Anonymous No.14558608]

I googled and surveys say $1.6mil

[Anonymous No.14558658]

Not OP but how much to retire if I want to live a $300k per year income lifestyle. I want to mog a certain somebody.

[Anonymous No.14558691]

My NW is $500kish and I stopped working 2 years ago. No stocks, just real estate (w/mortgages) and 20% crypto. I live super cheap off of savings and am going to sell a house this year to buy a cuckshed on an acre for cash. I smoke all the weed I want, play all the vidya I want, run, hike and garden. I have a minor social life where I play D&D with some buddies every week or two, a FWB who is like 3 points below me, and a bowling league. I don't buy expensive shit and right now don't even own a car. I take the bus. Sorry for the blog post, just wanted to give you an idea of what a $500k retirement looks like in burgerland.

[Anonymous No.14558696]

>>14558608
surveys like that are retarded and based on idiots making minimum wage
$5 mil is enough to still work, $10 mil to be safe, $15 mil to never ever have to worry about money again in your life even if you decide to start a family

[Anonymous No.14558712]

This is depressing as a 24 year old going back to uni. I could be halfway to retirement by the time I graduate, wasted all those year in my room posting on 4chan.

[Anonymous No.14558749]

>>14558696
you are a fucking retard

[Anonymous No.14558768]

>>14557913
You can calculate it yourself by looking at the spreadsheets at the Bureau of Labor Statistics. For example, you can look at the typical expenditures of a single man who makes 70 k$/year.

[Anonymous No.14558807]

10MM, IMO, if you want to have a good lifestyle like a well paid lawyer or doctor without having to work.

Less if you have lower standards.

[Anonymous No.14558823]

>>14558696
i don't think you understand the concept of compounding interest. You do not need $5M to retire unless you want to spend $200K per year and still not have to lose your principal.

That $5M will turn into $10M in 10 years with 7% interest, thats without reinvesting dividends.

gtfo with $5M...this is retiring comfortably, not retiring with a $300K boat, $2M home and a condo in the mountains discussion

[Anonymous No.14558847]

>>14558807
Is it seriously this expensive to live in America? I need like $3mil to live comfy in europe I'd estimate

[Anonymous No.14558859]

>>14558691
J-John?

[Anonymous No.14558885]

>>14558807
That’s only 10,000 LINK

[Anonymous No.14558963]

>>14558859
Haha nah, but John sounds based af.