In a Reddit discussion within the Chubby FIRE community, a user questioned whether $5 million is sufficient for a comfortable retirement or if it could lead to financial constraints. The responses varied, with some asserting that it’s ample, while others voiced concerns about remaining budget-conscious. The original poster highlighted that the general public might view this amount as generous, emphasizing the unique perspectives within the Chubby FIRE movement that advocates for a satisfying, less frugal lifestyle in retirement.
So, what's the answer? Is $5 million plenty, or will it leave you feeling like you always have to watch your budget?
The original poster (OP) pointed out in his thread that if you asked most of the general population whether $5 million was good enough to retire, they'd 'laugh in your face.'
Chubby FIRE followers want to have a good amount of money so they can enjoy life, not just by being very frugal.
Some who say $5 million is plenty and others who express doubts about whether it is sufficient, feeling like you'd be in 'purgatory.'
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