I'm close to having $500k in assets. I'm a EU citizen and 28 years old. How do I retire? I can't work for another 40 years I will go insane.
I'm close to having $500k in assets. I'm a EU citizen and 28 years old. How do I retire...
>How do I retire
Acquire another $9,500,000 in assets.
nah u can retire on 2m
not on 500k tho
it is not enough
Invest 150K $ in MAN.
Buy a house in a big city with 250K$ and rent it out.
Keep 100K$ in your bank account to live from the next 5-6 years.
The taxes they will impose to house, feed and "assimilate" the migrants will bleed you dry in 10 years mate.
You're fucked.
move to eastern european country, get a flat (you can get a very decent one for $25k), separate your money into several banks with 2-3% ROI and you're done
Is it doable if I get a part time? Could work 15 hours a week
Literally put 100k of it on eth
>Wait 2 years
>1 mil
ez
You're fucking retarded if this isn't what you are doing.
I'm ok with leaving EU
Why would you need 8 figures just to retire? People do it with $1.5 million, even, not that you should aim that low
move to ukraine, thank me later
put 100k into eth
lose it all in parity wallet
mfw
This is easy: 1) Move to Laos. 2) Retire
I’m in the same mindset as you OP got $200k and once I hit $600k I’ll withdraw 100k to pay off my mortgage and probably work part time. It’ll be comfier than having to work 12hour shifts now.
how much do you earn cucking now?
Yeah I think working part time is doable and its probably a good way to get out of the apartment
Around $4300 a month after the goverment takes their "fair" part. 37-40 hours a week
you 3 - 4x you disposable income by cucking, if you want a comfy retirement spend your time being a good cuck, spend less and save more
Youre a fucking retard if you let anyone else be in charge of your money. Parity was an over lay service.
Eastern regions of Poland, Hungary, or Slovakia. Low cost of living, but still within the EU. Find a town with a population of 30-50k. Real estate there should be very cheap. Get rid of your car, everything will be within walking distance. Health insurance will be extremely cheap. Stay single. Always cook your own food. Reduce meat consumption to once a week. Embrace frugality.
I own a decently sized (79 sqm) flat worth about 45k eur. I have no debt. When I was unemployed for 6 months recently, my total expenses were under 400 eur a month. My portfolio is not large enough to support that yet, but yours is.
worst plan ive ever heard. Lets move into a cold ass shitty drunk country
Just move to portugal and avoid the big cities. Enjoy the sun and the cheap life.
Funding margin trading on bitfinex, 0,0005% every Day. 20-25% passive income every year . 250 dollarinos every Day with 500k. Ive bin looking into this, sounds too good to be true. Am i retarded? Or is this true?
Since everything is at a peak, every advice is retarded.
Buy some condos to rent out and buy some pm...i wouldn't Go deep as fuck in bonds or stocks rn
that's cuck thinking.
the true comfy retirement is finding something to make you shitloads of money so you don't have to scrimp and save your whole life like a fucking cuck.
move to thailand
Don't think they'll be enough. How much do you spend a month? Figure that out and find out how much money you need for the year then multiply by 25. That's how much money you need at least.
Any particular towns in Portugal that you would recommend? Not looking for big cities but I don't want to live in some small village either.
>got $200k and once I hit $600k...
this is how you end up with 0k
trust me :(
in poland you will be milionaire. buy 3 flats and rent it
inb4 Bitfinex goes the way of Mt. Gox and you lose your 500k
admittedly, the probability of that happening is small, but it is very well there and losing all that money is a big deal.
Buy gold, wait 6 months to a year for the next credit crisis, but rental property
Depends where he lives. Not all properties will be effected.