News for hackers. Stuff that matters.

A comment on How to Know When It's Time to Go. Parent comment

Re:How to Know When It's Time to Go by shdh on Monday July 15, 2024 @11:56AM (#40969019)
How much do you need to accumulate before you retire?

I'm guessing retiring just means working on your own things with enough runway til you drop dead.

[ Parent | on HN ]
Re:How to Know When It's Time to Go by geraldwhen on Tuesday July 16, 2024 @06:08AM (#40975050)
At my current rate of spend, about $3M-3.5M. (Spending 100k/year)

I’m working to bring down the spend rate, but even if I don’t I should be good well before 50. I’m saving/investing about 160k/year, plus or minus. Some of the money saved is pre tax in 401k and some isn’t, so it’s not exactly dollar for dollar equivalent.

[ Parent | on HN ]