undefined | Better HN

0 pointsphyzix576121d ago0 comments

I retired last year at 38. I live off 4% of my investments and I get to travel around to different countries every 6 months.

The key is budgeting and living a not so extravagant lifestyle. Figure out how much you need per year and multiply it by 25. That's your FIRE number, what you need in an investment portfolio with a return of 10% per year on average. Then live off 4% for the rest of your life.

0 comments

1 comments · 1 top-level

harimau77721d ago

Do you live in a city? That's my number one concern. I don't need a lot of luxury but living in a major cosmopolitan city is a non-negotiable for me.

1 more reply

j / k navigate · click thread line to collapse