Hacker News new | ask | show | jobs
by mrccc 1215 days ago
If you haven't yet, I'd recommend to check out the FIRE movement (Financial Independence, Retire Early). You probably need much less than 8-10 million to exist and pursue your interests indefinitely. I'd recommend the blog by Mr. Money Mustache as a good entry-point.
1 comments

Yeah, I'm a fan of the ethos, although pretty far behind on the implementation.

One article I really like from that blog is this one: https://www.mrmoneymustache.com/2015/08/19/urban-tribe/

It's more than a little bit counter to the idea of "fucking off from society to the woods", though. Still, a man can dream of total independence :)

Also, re: the amount of money - you're absolutely right. 5m at the 4% safe withdrawal rate is 200k a year which would be way more than enough. I'll start the bidding at 2.5m for those aformementioned tech billionaires (what a steal! this deal won't last! act fast!)