this post was submitted on 28 Jun 2023
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[โ€“] TheOneCurly@lemmy.theonecurly.page 6 points 1 year ago (1 children)

124,594 hours (14 years) would be enough to retire right now, anything less than that wouldn't be immediately "life changing" since I'd still have to hold down a job.

[โ€“] agarorn@feddit.de 3 points 1 year ago (1 children)

Do you mean the income of 14 years, or the income you would get working 14 while years (which with a 40hour work week is more like 60 years of work)?

[โ€“] TheOneCurly@lemmy.theonecurly.page 3 points 1 year ago* (last edited 1 year ago) (1 children)

I took the amount I estimate I would need to retire right now at my current age and divided that by my current hourly rate. So it's 124,594 working "man-hours", as you say like 60 years of working. But that value goes down every year I do actually work and as my retirement investments grow.

I assume OP asked it that way to normalize and anonymize it a little.

[โ€“] agarorn@feddit.de 4 points 1 year ago

Well good luck reaching that goal. However 60 years of work seems way to high.