$120k/yr is a very healthy retirement after you have paid off assets and lower expenses. Yes it’s enough, unless you’re unlucky with health issues which would be a problem if you were at $200k/yr as well.
this post was submitted on 01 Mar 2024
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FIRE (Financial Independence Retire Early)
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This makes too much sense. Two classes between the haves and the have nots is desirable to the ultra wealthy.
It’s alarming that you can do everything right, put yourself ahead of 90% of the population, financially speaking, and still end up broke.