Re:Ask HN: I've saved up $80k USD. What should I do with it?
by CalRobert on Wednesday May 06, 2020 @06:50AM
(#23089568)
This is a great thing to do (for some people) but keep in mind that 4-5 years of lost income should be included in the calculation.
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Re:Ask HN: I've saved up $80k USD. What should I do with it?
by keiferski on Wednesday May 06, 2020 @06:54AM
(#23089591)
If you don’t do a startup because of supposed lost income, frankly you shouldn’t be doing a startup in the first place.
Re:Ask HN: I've saved up $80k USD. What should I do with it?
by CalRobert on Wednesday May 06, 2020 @06:56AM
(#23089602)
Which, of course, is a good thing to keep in mind when making that decision.
"I can survive for 5 years on $80k but will I miss ($x) where x could be $200,000-$2,000,000 when it comes time to retire" is a relevant question.
Re:Ask HN: I've saved up $80k USD. What should I do with it?
by keiferski on Wednesday May 06, 2020 @06:57AM
(#23089608)
Right, but again, if calculating your retirement is the prime factor when determining what to do with your life, a startup probably isn’t for you anyway. Stick with a solid well-paying software job and you can do the early retirement thing.