How much money is needed to retire as a 25 year old single white American male?

>white American male?

Eugh, always thinking of yourselves, typical

White male!? Sorry bro never going to make it. Even if you do get rich. Your people are on the endangered list and unlike a majestic creature such as the “Golden Eagle” you are not worth saving.

I’m European I know American white burger fags are gonna stay on top for a long while. The only thing they should be on watch for is your white women....that’s the only group that might topple you.

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wtf are you talking about? It's not 10k a year if you have that capital doing something which you should be. Agree that 500k isn't enough though. I reckon 800k at absolute minimum.

>American
Not possible, the best you can hope for is to become a greeter at wal-mart

Wtf that’s so much please tell me this is not right

I would say 10 million. If you were to get 5 million, you could work a low stress, part time job until you’re like 40 then live off the money.

That's 50k a year indefinitely if you lend it as USDC on Celsius. You're financing leveraged trades and asset backed loans so the borrower always has collateral. On top of that the funds are insured to a higher amount than most bank accounts and you can withdraw without notice.

There’s a formula online. Generally it’s something to do with the number 4

to start today? $1.5 million

With a 3.5% average dividend yield you'd be earning (pretax) 52,500. That would continue to grow and outpace inflation if it was put into solid dividend growth companies, and you'd likely never need to touch the principal, which means that would also grow.

However if you have more time, you can have much less invested capital and have the market and compounding interest do the rest.

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if you lend it on fulcrum, that's a lot of money...

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Right now it would be harder because our healthcare system sucks so bad. If you want to have a wife and a kid you're looking at $18k a year just for premiums. If our healthcare system ever gets fixed you could do it with way less than a million.

This. If you want to get into rental properties as well I'd say $2million. 1.5m for you dividend portfolio and use the extra 500k on down payments for a few rental properties. Have someone else pay off your mortgages and never touch the principle on your div folio

I googled and surveys say $1.6mil

Not OP but how much to retire if I want to live a $300k per year income lifestyle. I want to mog a certain somebody.

My NW is $500kish and I stopped working 2 years ago. No stocks, just real estate (w/mortgages) and 20% crypto. I live super cheap off of savings and am going to sell a house this year to buy a cuckshed on an acre for cash. I smoke all the weed I want, play all the vidya I want, run, hike and garden. I have a minor social life where I play D&D with some buddies every week or two, a FWB who is like 3 points below me, and a bowling league. I don't buy expensive shit and right now don't even own a car. I take the bus. Sorry for the blog post, just wanted to give you an idea of what a $500k retirement looks like in burgerland.

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surveys like that are retarded and based on idiots making minimum wage
$5 mil is enough to still work, $10 mil to be safe, $15 mil to never ever have to worry about money again in your life even if you decide to start a family

This is depressing as a 24 year old going back to uni. I could be halfway to retirement by the time I graduate, wasted all those year in my room posting on Jow Forums.

you are a fucking retard

You can calculate it yourself by looking at the spreadsheets at the Bureau of Labor Statistics. For example, you can look at the typical expenditures of a single man who makes 70 k$/year.

10MM, IMO, if you want to have a good lifestyle like a well paid lawyer or doctor without having to work.

Less if you have lower standards.

i don't think you understand the concept of compounding interest. You do not need $5M to retire unless you want to spend $200K per year and still not have to lose your principal.

That $5M will turn into $10M in 10 years with 7% interest, thats without reinvesting dividends.

gtfo with $5M...this is retiring comfortably, not retiring with a $300K boat, $2M home and a condo in the mountains discussion

Is it seriously this expensive to live in America? I need like $3mil to live comfy in europe I'd estimate

J-John?

That’s only 10,000 LINK

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Haha nah, but John sounds based af.

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