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Re:Ask HN: Is it possible to retire early on $1m? by pascalxus on Monday September 16, 2019 @05:33PM (#20988788)
As long as you stay single and don't live in CA or any other blue state, then yes, that will be more then enough to live well. Right now, I know it might seem like you'll be single forever. But, that might change. If you do get a GF, she may want marriage and kids. That will change the equation: at that point you'll need about at least 4-5 times more then what you needed as a single person.

Keep in mind, most forecasts (the average) for long term equities say it will yield roughly 3% real, from here on out, much less than the 6.7% that people have become accustomed to in the last century. This is due to slowing world growth, both in population and a slowing of per capita productivity increase.

Re:Ask HN: Is it possible to retire early on $1m? by ohnocentral on Monday September 16, 2019 @05:50PM (#20988918)
What specifically is the issue about retiring in a 'blue state'? If you mean cost of living, the OP might choose Needles CA or some place that is much less expensive than, say the Bay Area. Is there a tax you're referring to that is problematic (i.e. cap. gain tax on investment income in state) or just the hidden taxes (i.e. taxes on fuel etc)?
Re:Ask HN: Is it possible to retire early on $1m? by pascalxus on Friday September 20, 2019 @05:07PM (#21031293)
Cost of living is much higher in blue states, unfortanetly. It's a outcome of higher regulation which customers end up paying for. Higher cost of living in terms of Shelter cost, Utilities and generally higher taxes.
Re:Ask HN: Is it possible to retire early on $1m? by jppope on Monday September 16, 2019 @06:15PM (#20989083)
CA generally has a heavy tax burden. There are other "blue states" with lower tax burdens but the original comment was right on... generally middle of the country is cheaper.