How much USD do you need in the bank to retire at age 25-30?

[Anonymous No.21497506]

[Anonymous No.21497527]

10mill

[Anonymous No.21497528]

*In the United States obviously. No other country matters.

[Anonymous No.21497545]

>>21497506
more than you pussy

[Anonymous No.21497658]

>>21497527
What kind of life would that afford? Would I be able to put multiple kids through college and take vacations every year with my wife?

[Anonymous No.21498399]

>putting money in the Jew bank
Nigga this is not Boomer age... you can stake XDAI and get 7% per year with some DEFI protocol

[Anonymous No.21498421]

>>21497658
Yes.

[Anonymous No.21498509]

25x your annual expenses

[Anonymous No.21498601]

>>21497506
>>21497527
10mm is like $300k a year you can spend safely while still growing your principal.

$300k a year is a lot of money anywhere outside of vhcol areas

[Anonymous No.21498649]

>>21497506
30K a year x 50 = 1.5 million $.
that would last you until you are 80 yo, most likely less given inflation.

you can actually do this kind of math yourself..

[Anonymous No.21498775]

>>21498649
You can get a 2% return on any investment fund if you're not a retard and not spend your money like a brainlet consumer.

[Anonymous No.21498984]

>>21498775
yea, pretty dumb to just keep your money in your bank and live off the withdrawals.
but from OP's post, that seemed to be his plan.

[Anonymous No.21499449]

>>21497506
$5 mil bare minimum.
$5 mil in a 2% savings account is $100k per year. so basically you are making $100k to do fuck all all year. Put it in something slightly more risky for 5% per year and that's $250k per year to sit at home jacking off to trap hentai. So basically the same life you have now but you can move out of your parents' basement and coom all day in your own condo.

[Anonymous No.21499612]

>>21498399
>>putting money in the Jew bank
Nigga this is not Boomer age... you can stake XDAI and get 7% per year with some DEFI protocol

>>21498601
>10mm is like $300k a year you can spend safely
what? show me the math behind this
how can you make 10% x year?

[Anonymous No.21499785]

>>21497506
That depends entirely on how you manage your money. A very smart person with no real job deciding wisely where to put their money at any given time could live off of, and even grow, $200k. If it's just sitting in the bank earning a measly 0.05apy you'll need a fuckload. To me a fuckload is anything over a million, but I live like a hobo/neet and work a shit job. This year I finally started taking my financial situation in my own hands, credit building, investing, crypto trading (crypto is easy enough for dipshits like me right now. Don't stop, you crazy bastards) I've turned $4k into $8k and I'm stupid.

[Anonymous No.21499907]

>>21497527
Correct answer if you want to support a family. 2.5 per person is a good estimate.

[Anonymous No.21499935]

>>21497506
about 100k xrp

[Anonymous No.21500054]

>>21499612
>what? show me the math behind this
again with this math.. 3% annual return would be 300K from an initial investment of 10 million.
It's easier to do the math in your head if you think of 30% of 10 million = 3 million, and then just move the decimal once, so 3% become 300K.

[Anonymous No.21500158]

>>21499612
Huh? You can safely make ~4-7% a year in index funds. So you spend 3% of 10mm which is 300k and the rest is reinvested

[Anonymous No.21500214]

>>21497527
That would work.
$2M if you can live cheap, $200M if you need a family and really nice stuff.

[Anonymous No.21500321]

>>21499612
imagine keeping your entire fortune in a glorified bug bounty

[Anonymous No.21500327]

35x your annual expenses, invested in traditional assets. That will last perpetually, allowing you to withdraw your current annual expenses indexes to inflation. So if you spend $50k a year, you need $1,750,000 invested. This will guarantee that you never run out of money, and you really don’t need to worry about trying to withdraw less during bad markets years. Get a 70/10/10/10 allocation. 70% diversified (including internationally) stocks, 10% gold/silver, 10% crypto, 10% long term bonds

[Anonymous No.21500709]

>>21499449
I agree with this answer really. Less than that is doable, but you'll have to skimp on the house & other big purchases or go to a comfy third world nation. 1 million certainly isn't enough anymore, let's put it that way. 5 million is my goal.

[Anonymous No.21501151]

>>21500321
>imagine keeping your entire fortune in a glorified bug bounty
Immagine not Yeld farming like a true chad

[Anonymous No.21501260]

>>21499449
i jack off all day and i onlymake 10k a year. why the fuck do i need to have my own condo to do it?

im pretty much retired already for the as 4 years.

lmao

the goal should not to be able to do nothing all day cus thats what i already do


currently at 250k cyrpto netoworth.


and i sit at home all day

[Anonymous No.21501323]

Why do so many retards think you can't retire unless you have over 1M? I could retire easily off even 600K.

You idiots are confusing making it with not needing to work again

[Anonymous No.21501458]

>>21501323
How much to not work again? That's what I'm asking

[Anonymous No.21501521]

>>21501323
You can't think ahead properly.

[anon No.21501541]

Nice inflation in the bank

[Anonymous No.21501642]

>>21501323
The world is going full Zimbabwe soon

[anon No.21501713]

>>21501323
With a index food, or a good selection of actively managed funds. You could easily get away with 600k USD right now.
But that be for a normie life style. However, for me all I want to do is be left alone largely, and travel a bit.

Both can be done cheaply if your not a fucking retard.

[Anonymous No.21502358]

link has 6 months top, make it and get out

[Anonymous No.21502477]

Take 200 LINK and put it on Bamboo Relay

https://bamboorelay.com/trade/LINK-WETH

Exchange that LINK for WETH

Now put that WETH in TRANQ

https://bamboorelay.com/trade/TRANQ-WETH

Now wait a few weeks until TRANQ hits Idex and take massive profits.

>>21276858

[Anonymous No.21502893]

>>21501260
congrats now go get /fit/ finally get pussy and don’t come back