ST Alpha - ""Why $5 Million Is Barely Enough To Retire Early With A Family" -- (link)" (Reading a Post)

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"Why $5 Million Is Barely Enough To Retire Early With A Family" -- (link)

Posted by ty97 Nov 11 '24, 06:42

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https://www.financialsamurai.com/why-5-million-dollars-is-barely-enough-to-retire-early-with-a-family/ (www.financialsamurai.com)

Responses:

I have vague thoughts about retiring somewhere like Costa Rica or wherever makes sense when I’m able to retire. - Dano Nov 11, 08:11
My goal has been 4.5 mil. Once I hit that I retire. I hope it's sooner than later. (I also live in a LCOL area) -- nm - Fuzzy Nov 11, 07:58
all i know is that this headline reinforces the fact that I havent put enough away to retire in 20ish years - tRuMaN Nov 11, 07:01 4
- These headlines aren't meant to scare, they are outlier scenarios that have me shaking my head. -- nm - ty97 Nov 11, 07:12
- You’re planning on raising kid in an expensive metropolitan area in your 70s? -- nm - znufrii Nov 11, 07:10 2
  - sometimes a kid is thrust into your care because a daughter is bi-polar and/or a crack ho or just unlucky in traffic, all 3 happened to friends -- nm - zeitgeist Nov 11, 10:49
  - no. but also as I have stated before, I am way short on what I probably should be retirement savings wise. - tRuMaN Nov 11, 07:15
Expensive cities are expensive -- (edited) - New England Journal of Duh Nov 11, 06:44

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