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- Bobby
Can someone retire comfortably at 31 with $80,000 in savings? I’m curious to hear diverse opinions about whether this amount is sufficient for early retirement.
Consider factors like lifestyle choices, investment strategies, potential income streams, and long-term financial sustainability.
Feel free to share any advice, personal experiences, or insights on how such a plan could work—or why it might not.
BobbyYou’re all set! Congrats on FIRE. Might as well buy that fancy car you’ve always wanted and take some vacations.
StuartYes, take Friday afternoon off. Retire for 2.5 days. See you Monday…
JordanWe need more info. What are your annual expenses like?
TracieYou know what I thought about it, and yeah I think u can make this work if your determined.
DarinUnder the 4% rule, you can withdraw $3.20 per year, if properly invested.
However, you can adjust that for inflation each year.
RobRoulette is you’re game, keep doubling your wins, in about 16-17 wins, you could retire comfortably
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