>>20756813My living expenses, including rent, are 22-23K€ a year. Around 25-26K€ for the years I make a trip to Japan and buy essential shit like camera lenses.
Quite honestly, considering the 7%/year on a World ETF, I only need like 500K€ to keep my current lifestyle, or rather, better than my current lifestyle, as I wouldn't need to work anymore. And that includes taxes.
I'd need even less if I move to the countryside, or better yet, to a cheaper country or some tax haven. But let's say 700K€ (500 in stonks, 200 in boomer bonds) just to be safe and have some leeway to buy stonks during the inevitable downturns.
https://ficalc.app/I like this simulator. I don't get a 100% success rate though, but really, the 70's were complete shit, and starting a year before or after completely changes the outcomes from losing to being multi-millionaire, it's ridiculous.
