Retirement

[Anonymous No.53847192]

What age are you aiming to retire at?

[Anonymous No.53847209]

Do your friends have any money put away for retirement?

[Anonymous No.53847224]

>>53847209
Mostly just 401k’s.

[Anonymous No.53847375]

Retired off crypt at 31

[Anonymous No.53847388]

>>53847375
you did or plan to anon?

[Anonymous No.53847393]

>>53847192
50 with $2m

>>53847375
really? details pls. net worth, monthly expenses, homeowner, debt?

[Anonymous No.53847408]

>>53847192
70ish. Probably work long enough my wife doesn’t try to retire early to spend every day together while getting max bennies from the guubermint

[Anonymous No.53847421]

Elderly people get to live in communities where rent is massively lower than the going rate. In places where the average rent is 1400 dollars a room, for example, elderly people can typically rent elderly-only apartments for 400 dollars a room.

Unless this guy blew all his cash on the slots I call bullshit.

[Anonymous No.53847522]

>>53847421
Not true at all, are you a fucking retard or a zoomer?

[Anonymous No.53847531]

>>53847192
this is terrifying

[Anonymous No.53847554]

>>53847388
sort of, I was into FIRE, but crypto helped me do it faster.

>>53847393
Currently high 3 mil, was close to 5 at the peak. Expenses were $110k last year, target is <$120k/year. I can reduce my expenses to about $88k/year if I don't travel / vacation.

[Anonymous No.53847562]

>>53847192
>be alive for 70 years of all white nation with great economy
>still manage to save nothing and work in old age
Yea I’m guessing wagies are retarded

[Anonymous No.53847573]

>>53847554
You're living my dream. I think I'll retire in two years (age 36) with $5 mil net worth.

[Anonymous No.53847576]

>>53847522
>this is the kind of retard telling you to buy link or whatever

[Anonymous No.53847581]

>>53847192
I’m not. I have a great job and retirement savings but I don’t really ever see myself just plain not working. I hope I’m always doing something even if it’s only part time.

If you’re living your entire life counting down the time until retirement, you should really rethink what it is that you’re doing with your life. Do something worthwhile now instead of waiting for some future life of leisure that may never materialize (you may die before retirement or shortly thereafter, you have no way of knowing).

[Anonymous No.53847584]

>>53847554
>>53847573
What’s fire anon? Thanks congrats

[Anonymous No.53847602]

>>53847576
You're a fucking retard. Not only are retirement communities not at any discount, they're always more than average because they try to centralize amenities on site, or they required some mix of in home care. Rent being lower for "elderly" people has literally never been a thing.

[Anonymous No.53847608]

>>53847584
Financially Independent Retire Early
It's the thought process and personal finance methods to maximize income and investments so you don't have to work until you're 65+. The age and goal net worth is different for everybody in this journey but the goal of FIRE is the same.

[Anonymous No.53847623]

>>53847608
Thanks

[Anonymous No.53847691]

>>53847192
I trade for a living. The longer I live, the better I get, the more I make, the more my cost for NOT trading goes up. I don't need any employees, I don't have a boss from my perspective besides the government/IRS, and my work isn't particularly physically demanding. I also like what I do, so I'll probably do it until I die.

[Anonymous No.53847722]

>>53847554
how do you manage to spend such an amount of money?

do you even have time to work or does it require all day to spend such an extreme sum every single year? are you maybe mentally handicapped?

[Anonymous No.53847781]

>>53847722
mortgage, house maintenance, health insurance, taxes, utilities, car insurance, car repairs, food, gas, restaurants, traveling, skiing in the winter, gifts. Shit adds up.

[Anonymous No.53847812]

>>53847781
if you want to retire why do you blow such an extreme amount of money just to keep working? are you actively TRYING to work longer?

[Anonymous No.53847823]

>>53847812
I don't work, I'm retired

[Anonymous No.53847862]

>>53847192
I work for the fed. I will have thirty years by the time Im 62 at which point I get the fers pension. and I will get social security too. We also have the tsp and my employer matches up to 5%. I hope to have my house paid off by this time so I can fuck off for twenty years before dying in peace.

[Anonymous No.53848108]

>>53847554
hmm thanks. looking to do FIRE aided by crypto by 2038 (so actually younger than 50) on a slimmer budget. i figure $60k income and a house paid off is enough to live really well. my current expenses are only like $2250-2500 max, which includes $1600 rent and rather comfy living

[Anonymous No.53848129]

>>53848108
(this is monthly obviously so lets say minus rent/mortgage, my base luxury living cost is 36k/yr)

[Anonymous No.53848297]

probably 65
or I'll just wage away forever because I am too retarded for coins

[Justice for Leo No.53848444]

>>53847192
>What age are you aiming to retire at?
36. I'm 45 if that matters.

[Anonymous No.53848520]

32
30 now
180k mortgage
600k liquid
no crypto

[Anonymous No.53848581]

>>53847192
55 with $10m.
Also, if you have 100k in cash, where do you put it if you don't want to put it into a falling market? T-bills?

[Anonymous No.53848633]

It’s hard to see so far away but doing the bare minimum I can retire from my job at 57 with a pension paying 1/3 of my gross salary and covering my health care. I would also have a 401k with over a million with about 400k of that being Roth. I’m not counting on social security but realistically I’m sure we will get something. This would be my minimum retirement. I expect more but this is just doing the company match and getting the pension as early as possible

[Anonymous No.53848829]

I "retired" at 32 when my net worth was only about 150-200k, but I had sufficient income from a couple of rental properties to live very cheaply for the next couple of years while I waited for the (crypto) market cycle to pan out. Which it did, exactly as expected, and I made 8figs. I had total conviction that my shitcoins would go the way they did, so I was able to quit.

Life overall was a LOT better when I was young and poor, desu, so don't forget that while you're looking forward to being old and rich. A few years ago I had way more friends, got more girls, had a busier (in a good way) life, was healthier, etc. Figuring out how to make money is a fairly honourable goal, imo, but fo sho "retiring" is not necessarily going to make your life overall better vs. being a young wagie.

We're obliged to try to achieve it, though, I realise.

>>53848444
>>What age are you aiming to retire at?
>36. I'm 45 if that matters.

kek

[Anonymous No.53849025]

>>53847192
Please god, ive never been evil or cruel. I try not to hate anyone. I try to avoid stealing begging and selling out the best i can. Please let me join you on the other side before i get so old my body hurts and i don't have enough money to sit at home and relax. I don't want to get old like that. It seems like a light version of hell -_-

[Anonymous No.53849481]

In 5 years

Dumping most of my paychecks into world stocks ETF and promising altcoins (50/50). If crypto should die then I atleast have a safety net with my ETF holdings. Plan B is 7-9 years (crypto dies) - I move to Straya land, get a good blue collar job that I currently do and keep dropping $10k a month into divvie stocks. After that I move back to yuropoorland and retire.
50k a year in divvies and I would be set here. 2k for living expenses, 2k reinvested monthly, maybe get a part-time job so I wouldn't go insane at home.

[Anonymous No.53849482]

>>53849025
Jesus Christ and his atoning blood is the only bridge that crosses over to eternity with God

[Anonymous No.53849484]

>>53847421
here in the uk theres tonnes of houses on the market only for elderly people and they sell for like 1/2 that of a normal house

[Anonymous No.53849485]

>>53847192
Think ill probably work until i die retiring makes you go senile. i will probs cut down to lower hours though

[Anonymous No.53849539]

>>53847192
>lived 80 years during one of humanities greatest golden ages
>in the wealthiest country in the world too
>was not able to save anything for retirement
I'm not sorry and I don't feel bad.

[Anonymous No.53849631]

32 neet
i plan to kill myself at 50
there is nothing worth living too long

[Anonymous No.53850056]

>>53847375
Not bad anon. Aiming for 35 probably during the next bull run with my gains from alts like DOT, SYLO, FIL and FLUX

[Anonymous No.53850123]

>>53847192
Never.
I'm not some type of farm animal that relies on their handlers to give them just enough feed and s place to die. I'll do whatever I need to not to starve and if that means I'll be homeless I already have a plan in place to recruit a band of homeless pirate bandits to roam the woods with. We will make it, I'm not worried about that. I'm also not too terrified of dying so there's that.

[Anonymous No.53850141]

I’ll never retire. Around age of 120 I’ll be replacing my bandaid kitted and fixed original body with a fresh new one, but it’ll be so expensive that I’ll have to work another 100 years to pay it back + interrst + maintenance.. at which point I’ll need a new one again, and it’ll continue forever. Body as a service. The only positive thing is that it’ll be a body of a young woman, so I’ll make living by sucking dicks in front of a camera for hundreds of years. This will repeat until an accidental death releases me.

[Anonymous No.53850149]

I am trying to get into a position where I don't want to retire, I enjoy what I do and I'd like to continue doing it until the day I die.

Though, with that being said I'd like to semi-retire at 65-70 and just take on interns or apprentices.

[Anonymous No.53850156]

>>53847192
>>53847209
These better not be fucking real.

[Anonymous No.53850171]

>>53849484
anon I'm moving to eastern europe, i can buy a house cash no mortgage and be semi retired by 35, then if you need to work just come back and work 4-6 months a year here and save up

[Anonymous No.53850175]

>>53847522
Old people get like 40k a year for being old
Plus some savings and only a retard is broke at 70+

[Anonymous No.53850186]

30, though I will still probably do some kind of work, although not for something I don't care about and only 20-30 hours per week

[Anonymous No.53850189]

>>53847584
>the absolute state of this board

[Anonymous No.53850237]

>>53847554
My man. God bless you.

[Anonymous No.53850245]

>>53847192
I'm 27, planning to retire at 45.

[Anonymous No.53850259]

>>53850156
i know the OP one is it was on the news separately

[Anonymous No.53850622]

>>53850171
i work remote anyway so could do something similar i feel bad moving out though because my dads never been around and my mum has no boyfriend so she will be alone

[Anonymous No.53850711]

I'm going to when the lottery next drawing.

[Anonymous No.53850722]

>>53847554
>Expenses were $110k last year
Hope you have a wife and kids with that much expense.

[Anonymous No.53850723]

>>53847209
wtf

[Anonymous No.53850727]

>>53850711
based positive thinker

[Anonymous No.53850736]

>>53847209
>Girls bully her
Black people bully her. I hope some of these older Americans go postal.

[Anonymous No.53850773]

>>53847192
59

[Anonymous No.53850821]

>>53847192
I already retired at 26

[Anonymous No.53850853]

>>53847192
I would retire now if I can, but I don't think I will ever retire. Since I started investing in 2015 my investments have overall been failures. I have no debt, but my wealth simply isn't growing enough to retire at any speed.

Instead I try to focus on making my work tolerable. My profession is one where people often work at least part-time until they die, so I assume the same will go with me.

[Anonymous No.53850862]

>>53847192
>What age are you aiming to retire at?
never
man needs a purpose even if that purpose is moping a floor. cognitive and physical decline accelerates for many after retirement

[Anonymous No.53851068]

>>53847192
when i'm 50, hopefully live on my real estate biz, and off the passive returns make on eth, Tezos and ride.
thinking of diversifying into rental soon.
>Just wanna retire comfy

[Anonymous No.53851144]

>>53847408
WEF will have genocided 7.5 billion people by then. You won't be one of them?

[Anonymous No.53851199]

>>53847562
You're thinkng of the greatest generation that was born in the early 20s. Those people are all dead or centenarians now.

[Anonymous No.53851383]

>>53849025
It’s surreal when you see a language that you can read for the first time in the wild, only like 30 millions other people know it

[Anonymous No.53851439]

>>53850736
Kys

[Anonymous No.53852428]

>>53847209
imagine being mean to a 70 year old woman working at mcdonalds.

[Anonymous No.53852452]

>>53847554
what's the over/under this guy doesn't blow through it in 20 years and end up having to work at mcdonalds?

[Anonymous No.53852603]

>>53850862
yeah i really dont understand why old people retire just to let their brains rot away

[Anonymous No.53852639]

>>53850723
Bracelet

[Anonymous No.53852679]

I retired at 42.

[Anonymous No.53852690]

>>53847192
Fucking aim on retiring early. One of the reason I invest heavily in cryptocurrencies. Hopefully VET, NXRA and BNB will make it happen.

[Anonymous No.53852857]

Gonna blow my brains out at 82 regardless of my financials. Clinging to life for too long is cringe

[Anonymous No.53853184]

>>53847209
Horrendous to be mean to an old lady for any reason but god damn imagine being a boomer and fumbling the bag this hard

[Anonymous No.53853237]

>>53847421
>Elderly people get to live in communities where rent is massively lower than the going rate. In places where the average rent is 1400 dollars a room, for example, elderly people can typically rent elderly-only apartments for 400 dollars a room.
So you know the real value of real estate. Its fake and gay, all 1 bedrooms should only be 400.

[Anonymous No.53853267]

>>53853184
frfr, boomer ass nigga gonna get whipped bruh. can't even grind ong

[Anonymous No.53853790]

>>53847192
im a professional system abusing NEET , im already retired TOPKEK. bro i am so comfy.

[Anonymous No.53853872]

>>53850156
Boomers don't deserve kindness. Imagine being part of the wealthiest generation in history and ending up taking orders at Mickey D's. She's a genetic failure and deserves her fate.

[Anonymous No.53855365]

>>53847192
asap

[Anonymous No.53855492]

>>53847192
>>53847209
I have zero sympathy for poor old people. They have had at least half a century to find out about the power of compound interest and to utilise it to its fullest. They have lived through so many long bullruns. There is literally no excuse to not be a millionaire if you are 60+. If you are stupid enough to be poor past that age, you deserve to suffer, simple as.

[Anonymous No.53855558]

>>53855492
Love listening to Dave Ramsey and hear 50+ year olds call in with zero saved for retirement. Like, what the fuck - I understand spending your 20s dicking around it is what it is, but to go through a decade in your 30s, 40s, etc. and not even think about building wealth for the future? Truly cant comprehend that.

After the Trump bull run and COVID inflation really anyone who worked a semi decent job (teacher or better) their entire lives (50+ in age) should be a comfortable millionaire if not multi millionaire. I have sympathy if you had to care for like an autistic child, or have an IQ of 10 and thus can only be a McWagie - but outside of that it's your own fault you are where you are

[Anonymous No.53855817]

>>53847691
what do you trade day to day?

[Anonymous No.53855958]

>>53855558
>Love listening to Dave Ramsey and hear 50+ year olds call in with zero saved for retirement
does this happen alot?

[Anonymous No.53855980]

SafeChungus of SafeChungus.com is launching in 30 minutes, lets fucking go!9!

[Anonymous No.53856013]

>>53855958
not that anon, but alot of my dad's friends are people who drive $100k benz suvs but probably don't have any retirement plans.

[Anonymous No.53856027]

>>53847554
lmao what a leech on society

[Anonymous No.53856319]

>>53847192
I'm 28 and haven't worked in like a year and a half but I have stabilized my net worth around 130k by eating a lot of ramen, spending all day inside watching anime and playing vidya, and making one degen trade a month whenever rent is due. It's not a glamorous life but I have no complaints. I'll probably work again at some point though.

[Anonymous No.53856382]

>>53855558
Nope, I had no one to teach me about finances and only discovered investing during covid, just in time to realise I completely fucked my 20s and probably missed out on the greatest money making period in my entire life. GG it was over for me before it began.

[Anonymous No.53856419]

>>53856382
Nah bro, keep buying, youll be ok. I felt the same way multiple times before 2020. There will be opportunities in the future.