A Redditor posted on Fat FIRE, having a net worth of $12.8 million, consisting of $10.8 million in stocks and treasuries plus $650,000 cash. With low monthly expenses of $15,000, he can comfortably retire, especially with projected yields from his investments considerably exceeding his spending. A 3% yield generates $300,000 annually, while 4% yields bring in $400,000, both well above his needs. Financial advisors suggest weighing yield types and risks to refine retirement strategies, as taxes on earnings must also be considered.
Annual yields of 3% and 4% from investments far exceed the Redditor's $15k monthly expenses, making retirement feasible.
Collection
[
|
...
]