A Reddit user with a $30 million net worth is uncertain about retirement and considers needing $50 million as a comfortable cushion. His household income is around $2 million annually, but high spending on property, private education, travel, and anticipated healthcare costs contribute to his apprehension. As he assesses his financial security, the essential task remains to compare his substantial expenses with passive income generated by his investments to determine if he can retire now or if he should continue working towards a higher net worth.
The original poster, who has a $30 million net worth, is contemplating if his investments can support retirement, often needing a significant cushion.
Despite a substantial net worth, the OP believes he'll need at least $50 million to consider retirement comfortably, reflecting on his unique spending requirements.
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