\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Would you retire on 12K/mo with no debt or mortgage?

Fixed expenses of $2,000/mo (property taxes, utilities, inte...
startling chartreuse theater stage
  06/07/25
I plan on retiring on approximately 8K/month with no mortgag...
low-t wine gunner ape
  06/07/25
I turn 49 next week, and I'm done with it all. Hopefully...
startling chartreuse theater stage
  06/07/25
Retiring that early with that much cash really only leaves y...
low-t wine gunner ape
  06/07/25
the alternative is killself, which seems more catastrophic
startling chartreuse theater stage
  06/07/25
healthcare eats up like 25k of post-tax for a gold/family pl...
Spectacular dark market
  06/08/25
Can you explain how that really works? I have Health insuran...
arousing dopamine
  06/08/25
health insurance is basically for a. pre-negotiated rates...
Spectacular dark market
  06/08/25
Yeah I know that. In countries like Malaysia you get A+ insu...
arousing dopamine
  06/08/25
america has it's faults, but my guess is most people who spe...
Spectacular dark market
  06/08/25
id do it on 6K month
bateful therapy
  06/07/25
I might learn spanish and hie thee to costa rica
startling chartreuse theater stage
  06/07/25
actually thinking of doing this in next couple months, i hav...
bateful therapy
  06/07/25
...
startling chartreuse theater stage
  06/07/25
...
Titillating orchestra pit
  06/07/25
the better question is how fucking retarded would you have t...
racy factory reset button
  06/07/25
I'm thinking the same thing, I'm not striving for a RSF/CSLG...
startling chartreuse theater stage
  06/07/25
this sounds 180 except change golf to hiking
bateful therapy
  06/07/25
That would require $7 million invested. Most people will sa...
Puce multi-colored pit circlehead
  06/07/25
4.2mm with 1.2mm equity in home 1.2mm is in 401K that I d...
startling chartreuse theater stage
  06/07/25
How are you going to get $144k annually after tax out of tha...
Puce multi-colored pit circlehead
  06/07/25
How are you not? The 4% rule is garbage, and who said anythi...
startling chartreuse theater stage
  06/07/25
It's the three percent rule now
Puce multi-colored pit circlehead
  06/08/25
lol i'm about to retire on $4500/mo. $12k would be nuts.
cerise mind-boggling affirmative action
  06/07/25
Total monthly expenses now? Expected total monthly expens...
Federal dun menage bbw
  06/07/25
Current monthly expenses are about $3,500-4,000. I eat out a...
startling chartreuse theater stage
  06/07/25
I'm looking for about 6k after tax
Gaped gas station boiling water
  06/07/25
To what country? Usa is a shithole https://www.foxnews.com/...
arousing dopamine
  06/08/25
Only if it were guaranteed to increase with inflation. We pr...
fuchsia messiness organic girlfriend
  06/08/25
Doctors haven't had any increase in Medicare payments since ...
arousing dopamine
  06/08/25


Poast new message in this thread



Reply Favorite

Date: June 7th, 2025 8:21 PM
Author: startling chartreuse theater stage

Fixed expenses of $2,000/mo (property taxes, utilities, internet, streaming, etc.)

I have low cost healthcare because I'm 1/8 indigenous.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995599)



Reply Favorite

Date: June 7th, 2025 8:24 PM
Author: low-t wine gunner ape

I plan on retiring on approximately 8K/month with no mortgage. If you can't retire with six figures yearly, debt free, you're doing something seriously wrong.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995603)



Reply Favorite

Date: June 7th, 2025 8:26 PM
Author: startling chartreuse theater stage

I turn 49 next week, and I'm done with it all.

Hopefully retirement amount will go up when I turn 62, if SS is still a thing. I don't know how, but I think I've maed it. Frugal inceldom for the W.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995612)



Reply Favorite

Date: June 7th, 2025 8:31 PM
Author: low-t wine gunner ape

Retiring that early with that much cash really only leaves you vulnerable to catastrophic medical expenses. If you have good insurance you should be ok.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995632)



Reply Favorite

Date: June 7th, 2025 8:32 PM
Author: startling chartreuse theater stage

the alternative is killself, which seems more catastrophic

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995637)



Reply Favorite

Date: June 8th, 2025 11:32 AM
Author: Spectacular dark market

healthcare eats up like 25k of post-tax for a gold/family plan.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996650)



Reply Favorite

Date: June 8th, 2025 11:38 AM
Author: arousing dopamine

Can you explain how that really works? I have Health insurance as part of my job but never go to doctors.. so they pay for nothing.. I'm thinking of going 1099. Could I rely on just going abroad for Healthcare? Like malaysia?

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996664)



Reply Favorite

Date: June 8th, 2025 11:45 AM
Author: Spectacular dark market

health insurance is basically for

a. pre-negotiated rates. if you're a cash payer, the first bill you get will be based on the hospital's outrageous book rate for a procedure.

b. catastrophic coverage. if you have to go for surgery, cancer, etc the bills, based on those inflated rate cards, will take almost anyone into bankruptcy

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996694)



Reply Favorite

Date: June 8th, 2025 11:50 AM
Author: arousing dopamine

Yeah I know that. In countries like Malaysia you get A+ insurance/hospital for 1/10 the price. So if you're going to retire why not pick a country like Malaysia for your health home. You just happen to be fucked if you get a heart attack while in usa. But then you're fucked anyway. Most people don't really survive a heart attack.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996702)



Reply Favorite

Date: June 8th, 2025 12:16 PM
Author: Spectacular dark market

america has it's faults, but my guess is most people who spent their entire life here do not want to retire in malaysia

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996742)



Reply Favorite

Date: June 7th, 2025 8:27 PM
Author: bateful therapy

id do it on 6K month

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995615)



Reply Favorite

Date: June 7th, 2025 8:28 PM
Author: startling chartreuse theater stage

I might learn spanish and hie thee to costa rica

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995621)



Reply Favorite

Date: June 7th, 2025 8:30 PM
Author: bateful therapy

actually thinking of doing this in next couple months, i have had it with all the shit and more shit, so done

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995627)



Reply Favorite

Date: June 7th, 2025 8:31 PM
Author: startling chartreuse theater stage



(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995633)



Reply Favorite

Date: June 7th, 2025 8:29 PM
Author: Titillating orchestra pit



(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995624)



Reply Favorite

Date: June 7th, 2025 8:32 PM
Author: racy factory reset button

the better question is how fucking retarded would you have to be not to? That is a very decent amount of money but not enough to suggest that you are on the verge of making tens of millions of dollars, which you would have to do to meaningfully change your life

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995635)



Reply Favorite

Date: June 7th, 2025 8:33 PM
Author: startling chartreuse theater stage

I'm thinking the same thing, I'm not striving for a RSF/CSLG lifestyle. I just want to get high and golf occasionally. Maybe go on a couple of minor vacations a year.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995640)



Reply Favorite

Date: June 7th, 2025 8:41 PM
Author: bateful therapy

this sounds 180 except change golf to hiking

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995653)



Reply Favorite

Date: June 7th, 2025 8:35 PM
Author: Puce multi-colored pit circlehead

That would require $7 million invested. Most people will say you can retire with $7 million.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995646)



Reply Favorite

Date: June 7th, 2025 8:39 PM
Author: startling chartreuse theater stage

4.2mm with 1.2mm equity in home

1.2mm is in 401K that I don't think I can touch for another 6 years.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995650)



Reply Favorite

Date: June 7th, 2025 8:41 PM
Author: Puce multi-colored pit circlehead

How are you going to get $144k annually after tax out of that

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995654)



Reply Favorite

Date: June 7th, 2025 8:45 PM
Author: startling chartreuse theater stage

How are you not? The 4% rule is garbage, and who said anything about after tax?

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995660)



Reply Favorite

Date: June 8th, 2025 1:35 AM
Author: Puce multi-colored pit circlehead

It's the three percent rule now

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996136)



Reply Favorite

Date: June 7th, 2025 8:58 PM
Author: cerise mind-boggling affirmative action

lol i'm about to retire on $4500/mo. $12k would be nuts.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995680)



Reply Favorite

Date: June 7th, 2025 9:02 PM
Author: Federal dun menage bbw

Total monthly expenses now?

Expected total monthly expenses in retirement?

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995683)



Reply Favorite

Date: June 7th, 2025 9:24 PM
Author: startling chartreuse theater stage

Current monthly expenses are about $3,500-4,000. I eat out a lot, and if I were retired, I'd probably cook more often.

No wife or kids

I think I'll travel more, averaged out over the course of the year, I think my budget would be 6,000/mo. I'm trying to find reasons not to retire and I'm shooting blanks.

I'll probably golf more, or maybe find some new hobbies.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995745)



Reply Favorite

Date: June 7th, 2025 9:18 PM
Author: Gaped gas station boiling water

I'm looking for about 6k after tax

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48995733)



Reply Favorite

Date: June 8th, 2025 11:11 AM
Author: arousing dopamine

To what country?

Usa is a shithole https://www.foxnews.com/us/former-sex-trafficking-victim-pardoned-president-trump-reveals-disturbing-secrets-legal-brothel

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996609)



Reply Favorite

Date: June 8th, 2025 11:26 AM
Author: fuchsia messiness organic girlfriend

Only if it were guaranteed to increase with inflation. We probably will resort to hyperinflation to get out of our looming debt crisis.

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996639)



Reply Favorite

Date: June 8th, 2025 11:36 AM
Author: arousing dopamine

Doctors haven't had any increase in Medicare payments since 2008. So any inflation brings doctors closer to taxi drivers. The only way for me to make it is invest in inflation adjusted assets like Amazon and bitcoin(too late)

(http://www.autoadmit.com/thread.php?thread_id=5734705&forum_id=2#48996660)