I'm trying to plan for retirement even though we have 3 kids - I'm unsure if $5 or $10m is enough to comfortably live our lives
Briefly

"When thinking about just how financially independent you want to be, a key consideration is where you want to live because a high cost of living area will eat up a lot of your wealth."
"The ChubbyFIRE lifestyle infers maintaining a high standard of living, often including an upscale home, international travel, and expensive dining options."
"Living in the San Francisco Bay Area means having a net worth closer to $10 million might be required instead of one half that amount."
Read at 24/7 Wall St.
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