Would you retire right now if you had guaranteed income of $30K a year forever and no mortgage or rent?
Anyone who wouldnt is retarded or max pussywhipped Take the Schopenhauerpill cucks
>>62827990i already did
>>62827990$30k is already Jack Schitt. No.
>>62827990Thats lower class
What do you mean by retire? Just quit my day job? Or be disallowed from working for profit in any way? I won't quit my side business because I do that more for fun than for money.
>>62827990Yep, that's pretty much exactly what I did last year.
>>62827990With $30k I'll be able to afford uhh...
>>62827990>$30k a year>$2500 a month>$85 a dayAfter paying for internet, phone, electricity, new socks/underwear, water, adult diapers, netflix, and PSPlus subscription that's barely enough to cover my McDonald's meals. I wouldn't want to retire and be stuck having to cook ramen for myself.
No I’m gonna need at least 3x that
>>62827990Hell YES
>>62827990inflation will make 30k into 10k within a few years
>>62828295Assume it's inflation adjusted.
>>62827990if it were inflation adjusted then fuck yes. i would just play video games all day and eat chicken/rice/beans/broccoli every meal. never having to wagecuck again would be awesome. or, you could just move to southeast asia and live like a king
>>62827990are you allowed to make money via other means?art, music, film making?I would retire and focus on artistic endeavors on that amount
>>62827990Listen, you can just take time off and upskill or get into a hobby. Then you might learn a labor you enjoy more and get paid to do. Just take a sabbatical if you want to feel what retirement is like. I don't know why everyone here wants to quit forever if they haven't tried taking a year or two off intentionally and see what happens
>>62827990>no mortgage or rentI'm homeless?
>>62827990>free investment moneyit can work if you're willing to temporarily make some moves
>>62827990Yeah.
>>62827990No, $2.5k/mo isn't enough for food, healthcare, and everything else that makes life enjoyable. I am about at that level now ($1.55m and renting), but I'm suffering longer as a wagie to give myself more room
>>62827990I make that now, after taxes. I need a little bit more.
>>62828461What if it was pure discretionary spend, i.e. no healthcare or property tax.
>>62827990Lol no. I already have a guaranteed income of $153k/year and no mortgage or rent.
>>62827990100% my take home is around that, if I never had to pay for the home I'm in I can live like a king.
>>62827990Having a paid off home, yes, that's actually the amount I'm working toward. Bare minimum to survive would be about $14k/yr in Shithole, USA... $20k to live very comfortably. $10k for entertainment/projects or to keep invested if nothing interesting or serious comes up. Obviously adjusted for inflation through investments.
>>62828312>eat chicken/rice/beans/broccoli every mealno rent you can afford more than that off 30ki did with 24k and paying rent
>>62828933In what year anon?Assuming you're a millennial like me talking about your Great-Recession-Fun-Times I could tell the same story, but no way could someone make it work on the same nominal income in TYOOL 2026. Don't act like a Boomer.
>>62827990i basically did this and the math is as follows:assume a person who did have to pay rent. say 3k/month in a major meteopolitan cityso thats 6k /month total expense72k per year net of taxesthats like 100k income before taxesso would you quit having to be a wagecuck if you get guaranteed 100k annual salary as a regular rent paying human being? obviously yes
>>6282799030k is nothing lol
>>62827990Hell naw. I'm early retired now and my expenses are like $70k per year. Even if I ignore my mortgage and car payments, I would still be spending $40k annually.
>>62827990Are you living in a third world country where you can just easily hire an assassin to kill anybody with a few hundred bucks? What can you even do with a measly $30k in this day and age? Bro I can't even pay all of my food and bills for 8 months with that shit ass amount!!!
>>62827990yeah I would
>>62827990the average american retires on $1500/month social security and maybe $500/month drawdown on their meager 401k savings.
>>62827990yes
>>62827990>what is inflation
>>62827990Yes.im very frugal thats more than enough fir my expenses.
Yes, I am already planning on living in a camper with less income than that.
>>62829647Boomers manage to do it
>>62827990lol, no
>>62827990no utilities and property taxes are off the charts here in northern new england.My monthly tax/insurance payments alone are $700.I live in an old connected farmhouse, so heating efficiency sucks because each small stitched together component is like heating a whole separate house. January/February last year heating and electric was about $2k a month for the whole property.So that alone would probably leave me like 10-15k a year. Add in healthcare market costs and that would take another 4k-8k away yearly.
>>62827990Considering my yearly expenses are 22-23K€ and that includes my rent and my travels, yes, very yes. Without rent, I only need like 12K€ a year to live good enough. Probably less if I move to a cheaper country, or even just to the countryside.I don't know what people do to be spend double or triple that only to be broke, but hey.
Definitely Rent or mortage is the biggest expense, if that is taken care of 30k is easy
nopemy current annual expenses amount to around 35k. i quite literally need double to future adjust for inflation. so 1.5 mil liquid NW required.
>>62827990No I wouldn’t. I’d keep stacking but I’d be hella less stressed out
Do I have property taxes? Is inflation still at 3.5%? If yes to either of these questions, fuck no. This is an obscenely low amount of money and it will only diminish with time.
>>62829996Assume it's an inflation adjusted $30K a year and rent, property tax and mortgage are taken care of. You'd still have to budget for heating, food, a new kitchen, etc.
