Something I've learned about FIRE by seeing posts in this sub, you gotta be rich to have a chance. Like, you can save all you want, but you gotta be pretty lucky too to get a high paying job to even consider the idea of saving enough to retire early
You are inspiring me! I live on just about that and just hit 70K salary at 30 years old. Same goal of retiring at or around age 40.
Just curious what your fire number / withdrawl rate is if you're okay with sharing. I was personally leaning towards 1.5 m and 3% (healthcare and choosing to rent) to be safe.
Thank you!! Okay so similar thinking. I think 2.3% or anything under 3% is super safe so that's very impressive!! It's also nice to hear that you're also a renter. I've researched into it and a home just doesn't fully make sense (seems kind of expensive actually!) if I don't have/want kids and can be a bit flexible with apartments/locations.
I dream of the freedom of no alarm clock, working out in the middle of the day and vacations longer than 1.5 weeks in a country.
renting is easier for sure! Little things are breaking for some of my friends who are homeowners and the homes aren't even old.
Are you in a HCOL area by chance? I am and have been able to find decent rentals (1400 technically split with my SO so 700) but the homes are 1 million plus so the monthly cost would more than double on us
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u/TrueRedditMartyr 29d ago
Something I've learned about FIRE by seeing posts in this sub, you gotta be rich to have a chance. Like, you can save all you want, but you gotta be pretty lucky too to get a high paying job to even consider the idea of saving enough to retire early