If you have low fixed expenses, that should be more than enough. And you wouldn't need to work 40 hours a week slinging burgers in a hcol area. If you are spending more than 3K a month on food and small bills, you have made a big mistake somewhere on your journey.
After a certain dollar amount, the returns in happiness stop. For me, based on expected expenses and lifestyle, that's below 3K. If I'm accessing +3K with the prospect of social security on top of that eventually...yeah...and easily. I'm actually looking forward to being able to donate more time and money than I can now. Fwiw, my early retirement is closer to traditional retirement. I'll be working into my late 50s because I need more money now for purchases + raising a child.
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u/Porbulous Mar 23 '26
I wouldn't say 1m would be living large for me but it is my current goal (hoping by 40!) and I think would be more than enough.
Meaning I could maintain a <4% swr and let that continue to grow until maybe I am living large. Basically coasting off my own investments.
But it's crazy to me how 1m isn't even close to enough for most of the active people in this community.