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Yeah I'm not doing that.
(lemmy.nz)
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this post was submitted on 25 Sep 2026
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I'm sorry but if you've been in the workforce for 10 years and are ready to retire soon you're either doing some really bad math, are a prodigy making 7 figures since the age of 24, inherited money from someone else, or are planning to live off beer in someone's basement for the next 50 years
I think 78k was my salary back then, the stock market has done really well the last decade. $1.5 million is the amount I plan to retire with.
You retire at 35 with 1.5 Million Dollars in the bank? What?
In investments, if your investments earn 7%/yr which is a fair bit less than you can make off a basic index fund on average you have 4% to live on and 3% for inflation and your money lasts forever.