How much money you need to retire for life ?

[river_flow]

All countries have different cost of living and different salaries.
So, How much you need to retire for life?

I need about 300K USD to fully retire for life. I will invest that money for growth (to beat inflation.) while giving me monthly return for my expenses.
Though I can retire even in 100k USD, but I have to actively invest that money for growth to beat inflation in the long run

If I want to become world traveller or acquire PR or Passport of some other country to have a backup, then I think I will need 1-1.5M USD

 

[FoidsEnshittifyAll]

3 mil to live decently

 

[fukurou]

import math

def survival_years(total, monthly_spend, annual_return=0.05):
    """
    Returns how many years you can survive.
    If survival is infinite, returns -1.
    """
    yearly_spend = monthly_spend * 12

    # No growth case
    if annual_return == 0:
        return total / yearly_spend

    withdrawal_rate = yearly_spend / total

    # Infinite survival
    if annual_return >= withdrawal_rate:
        return -1

    # Finite survival with growth
    numerator = yearly_spend / (annual_return * total) + 1
    years = math.log(numerator) / math.log(1 + annual_return)
    return years

 

[Gen.SchizoAfricanus]

3 mil to live decently

lmao unironically my "fuck you" number was set at $3.5 Million an i'm set for life, Doin everything john goodman said in the gambler an i'm gonna buy a 25 year roof, jap economy shitbox an put atleast $2.5 to 3M away in the system at 3-5% which is an easy 150k a year. Now i just need a way to make $3.5 Million so i can say FUCK YOU to all the foids , simps an normies at my work an in my life.

 

[cripplecel]

5 million

 

[RandomGuy]

1 million

 

[LeFrenchCel]

1 million

 

[SubhumanOldcel]

1 million