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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23743331 No.23743331 [Reply] [Original]

How much money is needed for a 30 yo single American male to retire?

>> No.23743371

man, I miss good NY BBQ

>> No.23743411

Couple million in the stock market if you live relatively frugally.

>> No.23743439

>>23743411
A single million suffices, really. Even $500k will do if you're committed to moving to a midwest nowhere town and going full monk mode.

>> No.23743464

>>23743439
haha good luck with that, mr biden will take all your money from you

>> No.23743481

>>23743331
probably 3 million. 1 million for real estate and 2 million for investment, netting you between 100-120k a year passive

>> No.23743524

>>23743481
>100k-120k a year
damn coomsumers

1mil is way enough for investment

>> No.23743560

>>23743331
I just moved from Las Vegas to Memphis
Memphis is cheap as fuck, but about 15 cop cars showed up at my hotel this morning, they said it was just narcotics and it was just another day in this city.

30 minutes south in olive branch ms, its low crime and nice.

Oklahoma city looked nicer, but shittier weather and taxes and more expensive, still cheap.


Honestly I feel like I never should have left Las Vegas for 10,000 bonus...

Anyone know a cheap place, with low taxes, and lots of poor white trash?

>> No.23743618

6.15 BTC

>> No.23743840
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23743840

>>23743464
>biden's only going to tax the rich. the average american makes $26k/year. you didn't build that. you need to pay your fair share.