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How do you retire at 30 with only $1million. Not enough.
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Eat ramen and stay away from hookers and blow.
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No mention of healthcare costs in the article. FIRE in places like Canada or France sounds doable. Who wants to take chances with our healthcare system the way it is.
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That’s why I read the article. I wanted to see how they were managing healthcare.
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I know someone who retired early. Healthcare keeps him up at night.
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Made me wonder if their spouses were still working
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In a world where people in their 20s and 30s are faced with 6-figure student loan debt and a visit to the emergency room has the high likelyhood of costing more than a starter home in the suburbs, I'm astounded by the tone-deafness of this article. congrats, I guess.
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My credit Union is given .10% return @ 100000 in savings change that to 1000000 that is 100000 for just having it in savings... Yeah. I wish my parents would of have learn this principle
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0.1% of a million is only $1000
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Since u dont get mad .1 is 10% return .1 × 100000000 = 100000 At 6% or .06 = 60000 which is ok return since you did nothing. But not WASTE the money. My mother and father didnt graduate high school but America is awesome like that. I was educated by the best
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Okay. You noted it as 0.10% which is not as 10%.
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$1 million isn't what it used to be. Better move that number up to 5.
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Exactly... when you are under 30 with kids.. don’t think a $1M will solve the rest of your life...
@nytimes where do you get this?
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I learned I have a lot of good movies to watch. So there’s that.
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Inflation makes that tough though. If only there was an inflation resistant currency
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Middle America can relate to you NYT. Keep it up.
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