Many people say that $8-10 million is the perfect number for early retirement but I'll always have the desire to work - when should I pull back?

A Reddit user contemplating early retirement is targeting a nest egg of $7 million, although he notes that many others set targets between $8-10 million. He plans to work part-time post-retirement, earning around $50,000 annually, which may reduce the amount he needs to save. Currently 35, he hopes to reach his savings goal by age 42, while considering the future costs related to potential children. His inquiry reflects the complexities in setting realistic financial independence goals in the FIRE community.

Retiring early requires saving up a generous nest egg to support yourself - but how big does that nest egg really need to be?

The Redditor is hoping to pursue a lifestyle called FIRE, which stands for Financial Independence, Retire Early.

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