Initially 400K AUD which would enable relocation to a more relaxing environment and a more enjoyable job, maybe even part-time.
From then on I would not really care about the number as long as I manage to cover the expenses and increase the amount above the inflation rate.
What's your ERE goal amount?
-
- Posts: 1659
- Joined: Fri Dec 02, 2011 1:24 am
$250,000 and a paid off house. (Value of house means little for my plans, but it should be worth about another 200-250k for a total net worth of 450-500k.) I'll be withdrawing about $1,200/mo. My entire retirement goal is based around freeing up time for me to write, so I'm also assuming a side income here. I'm still working on lowering my monthly expenses as well which should also allow a slightly safer SWR. Finally, I should be eligible for a tiny pension at some point in my 50's.
Re: What's your ERE goal amount?
hi friends
any post to speak about the investment portfolio or how to get profit of cash?
Regards!
any post to speak about the investment portfolio or how to get profit of cash?
Regards!
Re: What's your ERE goal amount?
500K and a paid off house and I might say fuck it. 750K and a paid off house, you best believe I will say fuck it.
I
I
Re: What's your ERE goal amount?
Minimum requirement: 36 lakh
Under ideal conditions: 48 lakh
Under ideal conditions: 48 lakh
Re: What's your ERE goal amount?
Probably about $250k. This isnt FI and is only about 10 years living expenses at my current level. Partly because I live in a very high cost of living location. However I need a break and dont think I can wait until I hit big numbers. Will need to have a mini retirement and then resume work later or go semi retired doing part time work.
-
- Posts: 661
- Joined: Wed Apr 19, 2017 9:23 pm
- Contact:
Re: What's your ERE goal amount?
To feel totally confident I won't have to work again against my will...500K and a paid off house.
350K will be enough to be FI. Shooting for it by Spring 2019.
500K some time mid 2020 or early 2021.
350K will be enough to be FI. Shooting for it by Spring 2019.
500K some time mid 2020 or early 2021.