When you have enough money that just managing/investing it and getting average returns is enough to support your lifestyle for the rest of your life
So like 500k that you have in S&P 500, and 50k you have to live on. 550k
Every year you should get ~10% return, so you take out the 50k to live on and then let the 500k make another 50k
This is assuming you don’t work at all and make no contributions to it which is very unlikely, so you’ll end up being even better off
Yeah 100%, kinda what i meant to when i said if switch.
In complete honesty id probably just become a freelance software dev, and only do projects that interest me.
yeah definitely, I'd wanna do some kinda freelance work or something as well
unless you have some interesting hobbies retiring would be boring, especially young
yeah definitely, I'd wanna do some kinda freelance work or something as well
unless you have some interesting hobbies retiring would be boring, especially young
Most defo,
But i mean u could also entertain myself with media and social stuff for the rest of my life :P
But balance nicccce