A Redditor in the Chubby FIRE subreddit shares insights into his retirement after accruing a $5.5 million net worth. With no mortgage on their home and multiple paid-off rental properties, he continues to save $2k to $3k monthly, utilizing his rental income effectively. His wife also contributes by working part-time. The couple considers buying more rentals, reflecting the potential for strategic financial growth during market fluctuations. Their story highlights the importance of real estate in building sustainable wealth and retirement income.
His story demonstrates how valuable real estate is as an investment.
Although the Redditor is sitting on a big nest egg, he's not plowing through it. He saves approximately $2k to $3k per month.
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