Board 8 > Do you think you could retire right now on $400,000?

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red sox 777
09/24/20 11:30:47 PM
#1:


Do you think you could retire right now on $400,000?


The overwhelming consensus was that retiring on having an extra $200,000 was not feasible. What about $400,000? Same rules as before- you do not have to maintain your current lifestyle and you are allowed to move.

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SantaRPidgey
09/25/20 3:00:03 AM
#2:


Yup! With current investments I could create a sustainable loop that would keep me financially ok for the rest of my life.

Just as long as nothing ever medically went wrong with me from now until death

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wird
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GTM
09/25/20 3:13:28 AM
#3:


Yes i could but itd be no fun eating ramen all day every day

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red13n
09/25/20 3:15:52 AM
#4:


400k, yeah. I could make that work.

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Nanis23
09/25/20 4:25:42 AM
#5:


This is not even enough to buy a 3 rooms apartment here
So..no?

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wololo
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foolm0r0n
09/25/20 8:08:12 AM
#6:


400k + what I have now? Yeah probably

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azuarc
09/25/20 9:09:31 AM
#7:


If the house I bought this year would stop having problems, and assuming the economy doesn't shrivel like a tin can, I could make it work. It would be really tight and assume that I never have any major medical conditions, though.

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neonreaper
09/25/20 9:19:09 AM
#8:


technically yes but wouldn't really want to

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CaptainOfCrush
09/25/20 9:23:46 AM
#9:


With my current lifestyle, yea I'm confident I could. If I ever want to start a family, no.

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