Discussion in 'The Pub' started by GuitarGuy66, Apr 19, 2018.
How would they even know that???
Live in a cardboard box.
It's easy. As long as you're 70 +.
$500,000 is perfectly fine if you are currenly healthy, have little to no debt, no corrosive habits like gambling, and plan to drop dead immediately in 10 years.
$500K would be fine if you don't plan on living too long into retirement, or not having that good a time.
Do you check your portfolio balances online?
I think it depends on where you live and how much you like to spend
A 500k portfolio is a lot of dry walling.
You could comfortably retire on half a mil in a foreign country-ie- Panama. Need to research and make the jump. Many US citizens make the jump to a foreign country for retirement every year. Soon the well will dry.
Sad but true I fear.
I don't know the exact stat, but something like 80% of Americans will enter into retirement with less than $100k in savings. Scary.
Make hay while the sun shines
I plan to have at least $58 dollars in my savings account by the time I'm 60.
Ought to be easy. There's a global community in the first-person shooter community (computer gaming) that has lived on Hot Pockets for 2+ decades. Living in Mom's basement and maintaining a side job in commenting on women's bony knees is usually part of that lifestyle.
And $10M in your investment account from your drywalling proceeds?