How much is enough for you to coast and not worry about job

[JINSAKAI]

I have been in the US for 32 years now. One interesting thing for me was that the retirement/r2i goal post kept moving as I reached previously set goals.
Somewhere along the way r2i stopped being practical and especially now since both children have graduated from college and are working.
I have enough money ($13M +) which is a combination of Real Estate, stocks, cash and 401k and can retire when and where I want to. Funnily, now that I can retire, I still want to keep working for another couple of years and maybe retire after I turn 60.
The lesson learned for me is that there are no incorrect options whether r2i or LIA.
From a financial perspective, at some point we all get to mise-en-place. Everything will be in place based on your requirements and living means. While it can be an interesting discussion with friends/family, everyone's requirements are unique and they will likely have a very different view

Congratulations !! Being FAT is generally frowned upon, however not in case of FATFire

[wd40]

I have been in the US for 32 years now. One interesting thing for me was that the retirement/r2i goal post kept moving as I reached previously set goals.
Somewhere along the way r2i stopped being practical and especially now since both children have graduated from college and are working.
I have enough money ($13M +) which is a combination of Real Estate, stocks, cash and 401k and can retire when and where I want to. Funnily, now that I can retire, I still want to keep working for another couple of years and maybe retire after I turn 60.
The lesson learned for me is that there are no incorrect options whether r2i or LIA.
From a financial perspective, at some point we all get to mise-en-place. Everything will be in place based on your requirements and living means. While it can be an interesting discussion with friends/family, everyone's requirements are unique and they will likely have a very different view

This just shows some people have the human capital to make way more money than they will ever need. Making more money than what you need is not as harmful as making less money than what you need, but then it just shows that money is one very important dimension in our life and people who dont have enough money, their entire life is spent worrying about this dimension.

But those like you once you cross that level then the money dimension becomes irrelevant and life becomes a quest to find out what other dimensions matter.

Evenually, nothing matters, because everyone lives around 80 or whatever, and no matter how much money you made or didnt make, how much you enjoyed your life or suffered, it eventually doesnt matter.

In fact I would say, someone who has been suffering their entire life, as they get into old age and the end is near, probably brings joy that it is finally all going to end, whereas someone who was always been on the quest of happiness and fulfillment might actually feel disappointed that it is all going to end.

But anyways, death is the best equalizer and the most lovely thing and thank God that so far humanity hasnt managed to conquer death. If and when that happens it is going to be chaos.