A Redditor on r/ChubbyFIRE declares their retirement after a difficult year marked by personal loss and financial readiness. They possess a net worth of $5 million and a paid-off home. With their only child graduating, they are no longer concerned about college funds. This decision is driven by a desire to enjoy life rather than pursue money, coupled with a low withdrawal rate due to an active life insurance policy. The Redditor seeks meaning and purpose beyond their corporate career while navigating this new chapter.
Retirement can be seen as a liberating phase for individuals, especially when financial stability is achieved. One Redditor shares their decision to retire after a challenging year, ready to cherish life beyond work.
This Redditor's financial security, marked by a net worth of $5 million and a paid-off home, allows them to embrace retirement while looking for meaningful activities outside the corporate grind.
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