this post was submitted on 03 Aug 2023
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Lemmy Shitpost
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What’s your retirement number to retire by 40?
Close to $2M, but I care more about dividend income than the current stock market prices. If I can survive on dividends from VTSAX then I'm good.
Home paid off? LCOL area?
I apologize if these are prying questions.
Not at all. These are normal questions, especially from r/financialindependence back from Reddit. South Florida but I bought my house and homesteaded it (locks the property taxes to no more than 3% increase per year) before the value doubled. Home is paid off. No other debt anymore. I can and have spent as little as $25k per year, to as much as $40k per year. This only represents my half of expenses though. My wife has her own fire plans.
Legend. You should be proud of yourself. Not sure where I’m heading but FIRE or a lean FIRE is one of the options.