How much in net worth should you have before you stop waging?

How much in net worth should you have before you stop waging?

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  1. 3 weeks ago
    Anonymous

    For me? I'd be happy with $2M to make safe investments an just live off that.

    • 3 weeks ago
      Anonymous

      This is the current and correct answer. 2M after tax.

      • 3 weeks ago
        Anonymous

        Just gotta get a quick 35x this year (accounting for taxes and all) and I'll be set.... yeah its not habbening this year.

      • 3 weeks ago
        Anonymous

        im from spain and have 400k i need a 5x a fricking FIVE EX

    • 3 weeks ago
      Anonymous

      This is the current and correct answer. 2M after tax.

      So you'd keep your job until $2M? I'm thinking just working part time after $500k. I'm just not sure it's worth sticking around another some years for my investments to multiply. At 500k, you literally can just be patient and you'll hit 2m with bitcoin or tech stocks, but working a job it's unlikely you even make a dent after 500k already saved up.

      america: $2M-$3M
      eastern europe: $200k-300k

      where in eastern Europe? Poland? Also considering SEA, just to chill out for a few years

      • 3 weeks ago
        Anonymous

        >Poland
        >eastern
        No. No matter which country you pick you will see pooty

      • 3 weeks ago
        Anonymous

        I'd rather keep a job till I can guarantee I won't do something moronic and lose it, or can last through bears without pulling out and screwing my future. I'm only at 100k, so who knows what I'll actually think when I get there.

      • 3 weeks ago
        Anonymous

        >At 500k, you literally can just be patient and you'll hit 2m with bitcoin or tech stocks, but working a job it's unlikely you even make a dent after 500k already saved up
        correct

    • 3 weeks ago
      Anonymous

      2m is the new 500k

      Last week I paid 10$ for a coffee and a flavored water drink

  2. 3 weeks ago
    Anonymous

    america: $2M-$3M
    eastern europe: $200k-300k

  3. 3 weeks ago
    Anonymous

    X/0.05
    Where X is the amount of money that you need annually to maintain your lifestyle.

    • 3 weeks ago
      Anonymous

      pretty solid metric. Living frugally I spend around 30-40k a year in USA. So, conservatively 45k/annual, meaning I need 900k. If I move to SEA, I could probably cut it to 600k.

      I'd rather keep a job till I can guarantee I won't do something moronic and lose it, or can last through bears without pulling out and screwing my future. I'm only at 100k, so who knows what I'll actually think when I get there.

      Yeah, but I feel I'm more likely to be moronic needing to cope from waging than if I just chilled watching my investments and working some odd jobs for fun. So far with waging I save 40k-50k/annual. I guess if invested in crypto, might make a good enough dent to be worth waging.

  4. 3 weeks ago
    Anonymous

    Taxes frick me so hard. I hate being a fricking burger.

  5. 3 weeks ago
    Anonymous

    im not waging anyways, but $200k would be comfy

    • 3 weeks ago
      Anonymous

      What's your plan on making 200k last you forever?

  6. 3 weeks ago
    Anonymous

    Depends on life and circumstances. I'm 38 with kids, wife, and mortgage. I'd need $10m to never have to work again while enjoying life and being active.
    If I was a 20 year old khv neet, I'd need maybe $2m. Enough to buy a small condo, daily tendies, and Vidya.

    • 3 weeks ago
      Anonymous

      >kids, wife, and mortgage
      was it worth it? I'm 27 and personally wouldn't want these until after I made it and did everything possible to minimize the chances of losing my freedom

    • 3 weeks ago
      Anonymous

      A wife is shared expenses though. You cut half of the requirements.

      Especially on housing.

      • 3 weeks ago
        Anonymous

        you assume everyone wants their wife being a corporate work bawd for some funny hat guy

        • 3 weeks ago
          Anonymous

          A wife should still work, it could be a fun side job they don’t need to go and try to climb the corporate ladder.

          • 3 weeks ago
            Anonymous

            Her fun side job should be raising your children as attentively as possible. Being a proper mother and housewife takes neverending effort, which has been forgotten since everyone's raised by preschools the past few decades.
            I mean, who do you think is going to take better care of your child:
            >1 or 2 women watching 30 kids at once
            or
            >the person who birthed your 1-3 kids and lives with them

        • 3 weeks ago
          Anonymous

          this. I'd never let my wife work for another man. If I'm building a family it's going to be within a homestead away from society. That or nothing. I rather stay a bachelor until then.

          A wife should still work, it could be a fun side job they don’t need to go and try to climb the corporate ladder.

          >fun side job
          so, basically making nothing unless you help her be a camgirl or whatever

  7. 3 weeks ago
    Anonymous

    $1

  8. 3 weeks ago
    Anonymous

    I did the math. I'm never going to be a millionaire.

    • 3 weeks ago
      Anonymous

      What's your stats? Waging and 401k till retirement age is still always an option. I mean it fricking sucks, but at least you know there will be reprieve.

      • 3 weeks ago
        Anonymous

        Waging +Roth until working year 30 would give me $800k estimated. Plus about $400k savings est. If I never buy a house. I think I'm just fricked. I should've done finance or something. Engineering is a trash career.

        • 3 weeks ago
          Anonymous

          Damn. I'm somewhat in the same boat, but I've got a really cheap COL. I make 70k as an EE at 27, its fricking paltry. I got 100k savings, and contribute 8% +4% to a 401k as a backup plan if I have to wage my whole life.

          But I'm thinking there will be opportunities to invest in big things.

          Keep an eye out for spintronics and semi-metal 2D (one atom thick) materials. They will most likely revolutionize computing as we know it and could ween us off of silicon. Spintronics uses quantum spin rather than the electric field/electrons. Imagine getting into silicon at the start of it, that's how early we could be. I'm still looking into what companies or technologies out of it look most promising.

          But yeah, engineering fricking sucks pay wise. While finance gays make tons of money for scamming their clientele.

          Just don't get defeated, that attitude won't get you anywhere.

          • 3 weeks ago
            Anonymous

            Just fyi you're doing better than me and I'm 30.

            I just came into a 200K job and we're just now starting to save money after years. Already put away 16K in a few months, but holy frick was it a nightmare to get to this point.

            Here's my tip for you. We recently learned that light can be flashed at an attosecond. Qubits can be created from flashing lights. You figure out where to put your money.

            Best of luck

    • 3 weeks ago
      Anonymous

      Options trading bro. Leverage

  9. 3 weeks ago
    Anonymous

    I get about 4500 a month from the government tax free, so I guess 1-2 million.

  10. 3 weeks ago
    Anonymous

    A 1% bag of chainlist should suffice

  11. 3 weeks ago
    Anonymous

    I'm 35 years old with a net worth of approximately zero and an annual income of $80k. How fricked am I? Should I just exit bag or just turn off my brain and become a consumer? I realize I will never make it but don't know what to do with that knowledge.

    • 3 weeks ago
      Anonymous

      Stop being a defeatist homosexual and you'll make it. This is the only answer.

      • 3 weeks ago
        Anonymous

        Ok setting aside the magical thinking, the math still isn't working out.

        • 3 weeks ago
          Anonymous

          there will be amazing opportunities in the future. Just keep at it and never stop paying attention.

          Hell you could just wait for the crash and DCA BTC/ETH the rest of your life

  12. 3 weeks ago
    Anonymous
  13. 3 weeks ago
    Anonymous

    waging is a mindset, the moment you stop waging is the moment your net worth is free

  14. 3 weeks ago
    Anonymous

    I'm currently at $2.2 million. If I'm still at this net worth or higher at the end of the year, I plan to at least drop down to working part time. I really wanted to get to $5 mil or higher but life is too short.

  15. 3 weeks ago
    Anonymous

    Any argies or south American pajeets here?
    How much would you consider having to just stop working and retire?

  16. 3 weeks ago
    Anonymous

    6.5 Million
    It used to be 2-3 Million but with 80% printed monopoly since 2020 + inflation rates it's increased.

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