Re:You Need at Least $3M in Savings to Live Comfortably in R...
by cko on Tuesday February 21, 2023 @01:55AM
(#34877639)
I used to follow them with enthusiasm. Then I learned that the 4% rule applies to a thirty year retirement, not FIRE. Also these people have major blog income.
I FIRE'd with $850k without owning a primary residence. I spend like $800 a month. I would love to have blog income like them - it makes a huge psychological difference.
These days I believe that having a free and clear place to live really helps and that a 2.5% rule is more robust. What a surprise.
I FIRE'd with $850k without owning a primary residence. I spend like $800 a month. I would love to have blog income like them - it makes a huge psychological difference.
These days I believe that having a free and clear place to live really helps and that a 2.5% rule is more robust. What a surprise.