Question for Eastern Europeans

[Anonymous No.52730531]

Can you retire comfortably in your countries with $200-300k invested into S&P500 for 8% yearly return? Assuming you already own your house and don't pay rent.

[Anonymous No.52730586]

>>52730531
>$200-300k invested into S&P500 for 8% yearly return?

[Anonymous No.52730608]

>8% yearly return
lol. lmao even.

[Anonymous No.52730624]

>>52730531
in germany with those numbers a big maybe. but you will never get the 8% lol.

[Anonymous No.52730626]

>>52730586
>>52730608
What?

[Anonymous No.52730629]

>>52730531
Why would you plan for decades ahead, based on something with fluctuating yearly return ? What if the S&P500 goes down to 2% yearly?

[Anonymous No.52730640]

>>52730531
No. Not a chance. $1M in S&P at 4-5% would barely be middle class.

[Anonymous No.52730652]

>>52730626
You need to start a hedge fund that promises 8% returns, anon. Much more valuable than your feeble nest egg.

[Anonymous No.52730661]

>>52730531
>DUDE THE STOCK MARKET WILL JUST GO UP FOREVER AND MAKE YOU RICH!

[Anonymous No.52730679]

>>52730624
>>52730629
>>52730640
>>52730652
>>52730661
11.88% average return since 1957

[Anonymous No.52730707]

>>52730679

[Anonymous No.52730717]

>>52730679
>average
tell that to people who wanted to retire/cash out around 2008 or 2020. "just wait another 20 years, it will even out".

[Anonymous No.52730730]

>>52730640
>$1M in S&P at 4-5% would barely be middle class.
40-50k per year is brain surgeon tier salary in Eastern Europe. Middle class is like 15k and minimum wage is like 7k.

[Anonymous No.52730751]

>>52730717
reached new ATH 5 years after 2008 crash

reached new ATH 1 year after 2020 crash

[Anonymous No.52730804]

>>52730751
The question is, assuming unexpected expenses show up - as they do in times of crisis, what will you do with half your expected income for 2 years ?

[Anonymous No.52730848]

>>52730751
Keep buying at the top, anon. Sound strategy, the line always goes up. We have a wonderful economy do we not? Hyperinflation is impossible.

[Anonymous No.52730944]

>>52730531
I don't think you can rely on 8% anon.
But yes, $20,000/yr with rent covered should be sufficient.

[Anonymous No.52730959]

>>52730679
Anon, crypto averages 10000% per year since bitcoin was worth a penny why don't you go in on HarryPotterObamSonic then

[Anonymous No.52730965]

>>52730531

FUCK NO

>stop dreaming

[Anonymous No.52730970]

Don't listen to mongoloid amerisharts like this one: >>52730640 $200k is enough to retire in every single eastern european country and even others like Greece and Italy. We're talking middle class living for 40 years.

[Anonymous No.52730982]

>>52730944
Should be? SHOULD?
If you don't have rent or a mortgage, which are the biggest expenses, what the fuck are you gonna spend 20k a year in? Hookers and blow?

[Anonymous No.52731005]

>>52730982
I used to spend that much on restaurant food, 2 massages per week, and overall enjoying myself.
I also rented an office for some piece and quiet from family

[Anonymous No.52731175]

>>52730970
are you retarded? you can easily save 200k by working from home full time in 2 years. is everyone in the planet going to reitre in 2 years?

[Anonymous No.52731230]

>>52731005
peace*. I'd also visit different educational courses, buy synthesizers and other music production gear and buy gifts for friends and family. Life was good when I was in Eastern Europe.>>52731175
No, only those who relocate to LCOL places

[Anonymous No.52731262]

>>52730531
kek. the myth of a cheap ee is just that, a myth. i live in ee and spend 400eur/month on groceries alone. u need at least 400k for a semi-comfy living here.

[Anonymous No.52731411]

I live in Ukraine. Depends how you want to live. You can buy a house in a small town of 5000-15000 people for $5k-15k, grow your own food or buy for cheap from grannies on a market and have a good life I guess, 300k would suffice. If you want to live in Kyiv, 300k is good money but you won't feel like a king. Don't think that you could go to ukrainian village and get a beautiful trad girl there. All women usually go to bigger cities when they go to universities. Moreover women that are good looking and aren't stupid took refugee pill and now they ride cock carousel in America and eu

[Anonymous No.52731437]

>>52730531

Test.

[Anonymous No.52731894]

Not really Eastern Europe but I was NEETing cozily in rural Siberia every summer-fall between 2015 - 2020 on a $150k portfolio with ~10% yield. I had a mix of Russian sovBonds, equities on the MOEX, crypto staking and short options selling in my US accounts. Unfortunately I don't think any of those are viable yield strategies anymore.
Disclaimers: I already had a commieblock flat, a car, and family in the area who share food and other stuff. My expenses were pretty much the following:
>internet ~$7 / month
>utilities ~$2 / month
>petrol @ ~$2/gal = $100 / month (long 5 hr drives)
>food ~$20 / month
I suppose if my food weren't supplemented by family it would cost me $200 / month.

In my observation, Eastern Europe Vyshehrad-zone is pure suffering because you'd expect costs of stuff like food and fuel to be less than western europe, but in-store prices are the same or even higher. I think the only cost of living benefit there is in real estate.

[Anonymous No.52731979]

>>52730531

The "standard" post-inflation withdrawal rate is considered 4% to preserve principal. A lot of people (below) consider that to be too high going forward.

https://www.financialsamurai.com/proper-safe-withdrawal-rate/

So, your 200, invested will bring you, at best, $8,000 a year or demon trips a month - $666, let's round to $700.

Your rent for a shit Soviet Bloc that has water turned off occasionally in a bad neighborhood is $200. As a Westerner, you can't live there safely. So let's say $400 for an ok, renovated apartment that's NOT by the sea.

Rest will go to groceries and basic needs.

So, in theory, you could scrape by on $200,000 without any medical care, modern appliances, luxuries, etc. It's enough not to starve, basically.