Europoorean here.Every fucking day I look at my investments portfolio and recalculate potential retirement. There's a decent chance I will retire within next 15 years. I will be in my forties. On one hand this sounds like a great deal because most people of current generation will not retire at all because the social security system won't be able to take it. On the other... fuck, it's still 15 years of daily grind. My biggest reasons why I want to retire:1. I hate the concept of "work". I am a highly-functional autist, which means that even though I have learned how to function in the society, I despise interaction with most people, and having to take part in corporate bullshit fills me with anger. Out of all jobs that actually paid me money, I found zero of them to be fulfilling. I want to sit in my room and play vidya, and if I get bored of that, do some volunteering or whatever.2. I highly dislike living in a city. I live in a city because of work opportunities and potential future growth of the apartment I mortgaged, but fuck I hate living in a city. There are too many people, too many lights, too many sounds. I want to have a cabin in some middle of nowhere and go to the city once a week for groceries.It's such a bittersweet feeling. I am trapped in total shit, but at the same time there is a path out of this mess.I also dream of having a relationship but I know it's a pipe dream so yeah.
>>82632645hello, i am in the same situation as you.i am 29 years old.my drive to work is 30 kilometer and my drive home is 30 kilometer. so each workday i have to drive 60 kilometers with my car.the driving time alone takes 1.5 hours of my day + 8.5 hours of being at work.24 hours minus 10 hours means i have 14 hours left for myself but not realy cause 6 to 8 hours i need of sleep so i only have about 6 to 8 hours of free time a day. in that time i still need to do my househould, eating, washing my clothes etc. so to be honest on workdays i only have like 2 or 3 hours for myself. working sucks and it always have sucked dudethe only difference back in the day; the man of house was working his 40 to 45 hours per week on some factory or office or construction sitebut when he came home he had his wife and children happy to see there husband/father return and with the money from work he could buy and invest in things that would make his life better....that was the original meaing of work sets you free aka meaningfull working. you are working towards something.working to clear the house credit dept, working so you can provide for your wife and children...working so you can spent your money on your hobbies. do the math. how much of you work money do you realy have left free for yourself? what do you have if you wage minus rent minus food minus heating minus energy cost minus taxes minus etc. my situation is like this, 1 month of work with 40 hours weeks is for me about 2600 Euro after taxes minus my cost of living i have about 1500 euro left. many have only 100 to 400 euro free for themself.i make 25 euro per hour so 4000 euro before taxes. that means only 65 % of my working wage is my real wage i get on my bank account the 35 % are going to the social security fees and income tax.15 % for Health insurance + nursing care insurance + state pension insurance and unemployment aka NEET insurance. 20 % is the income tax in bavaria
>>82632645>>82633057i know it sounds very black and white but that is the situation.you have 2 options. #1 you keep doing what you are doing but you are buidling something for you in the future#2 you say fuck it. you move into some village or small town or back to your parents and spend the rest of your life collection NEET or Retard cause Burnout State Wellfare Money. well you also have an option number 3find a job you can work more from home without driving to the company or get a job were you are only working alone aka with your self.that is why i work mostly in the industrie plant warehouse logistic side of business. i work my hours in the warehouse. drive a bit around with the forklift and when its 15:30 i drop the hammer and leave back home. no corporate bullshit but still you get corporate wage and conditions. most people who work blue collar in industry are only there for the money and they themselfs dont make an act about it like the white collar office zombies do it. in the end of things it does not realy matter if you are sitting in the office in front of desk or in the production line or in the warehouse. you are all wagies and you are all here to work work work and get wage end of month. you get what i mean? out of the 3 positions the warehouse aka logistics department position is the one with the least amount of hassle and all the guys who are working at the warehouses of most companies they also dont give a crap. the only hard part in this field is finding a job that is paid to a fair amount and where you dont need to work in shifts. on the long run working in shifts destroys your inner clock. you brain gets wasted. that is not worth the 200 to 500 euro extra per month.
>>82632645You need to keep in mind that the state will take all of your money and put you on welfare out of "solidarity" 30 years from now, in order to rescue the failing welfare system and bail out those that didn't prepare
>>82633057oh what is also want to say.yes, i could change to a part time job + a job at a company that is closer to my home. but if i do this i will no longer have enough free bonus income i could use for investing, improving and buying things for myself. i would then only work to be able to live aka go to work on the next day again. that is no live and instead of doing this crap its better to go NEET or collect Retard State Money aka go to Doctor and say you have Depression Burnout blah blah blah and you get the same amount of money as if you would be working some job in part time.my situation right now is;29 years old / born in June 19965000 Euro on my second bank account that is my emergency backup43.000 Euro invested in my Stock Portfoliei get about 200 Euro per Month passiv income cause that is my stock dividends. and i cash right now i have about 2000 Euro. each month i get 2600 Euro after taxes minus my cost of living i have about 1500 Euro free left. 1000 Euro i invest each month in Stocks, ETF etc. and 500 Euro i have free of use. either i use it to increase my cash save up or buy stuff for myself like new cloths, a pair of leather boots or some Ammo for my hunting and sport shooting hobbys. and i did the math many times if i would move to USA or Switzerland i would be in a worse aka not better situation. most states in the USA have more then 20% income tax and okay after that you have 80% left instead of 65 % but from that 80% you have to get yourself a privat health insuarance + privat lawyer insurance cause Americans love to sue each other over bullshit and the costs of living would also be greater than in rural bavaria and the few places in the USA that would be cheaper than rural bavaria would be regions without any jobs...in Switerland you get more money than in germany aka bavaria but everything is also more expansive. the more you have in wage there you pay even more for food, rent etc.
Might not be an option in Europe but retirement is just silly expensive. Like why are houses so expensive? I am investing to a bare minimum for like 20 acres in some remote county that doesn't do permits and all that bullshit. With starlink you get internet wherever. Solar is dirt cheap. Wells can be expensive but if the water is deep rainwater harvesting is perfectly viable. $300k would be tight but it's enough to last for 30-40 years and cover health, pickup, internet, and a little discretionary spending. It's very easy to grow all your own food in America if it's just one or two people to feed. Work is hell. At least farming isn't work. Lamb pork chicken, rice and potatoes, easy peasy. Worst part is harvest and preserving.
>>82632645We are the same, anon. Also looking at retirement in my 40s and I have a very real shot at it. But I do like living in a city because I hate driving, so I need to have grocery stores near me. >I also dream of having a relationship but I know it's a pipe dream so yeah.You're not going to retire early if you end up having a gf, or worse....marrying and having kids. In my country, seemingly all women eventually want to marry. Women in general are very stupid with money and will pester you to spend more on useless shit as well. And you need to own an apartment and a car to even attract women, which would also hurt my early retirement plan a lot. My parents have a lot of savings too and I'm going to inherit their place and savings, so not getting a mortgage is a big part of why I will be able to afford to quit around 43-45.
>>82633267greetings from bavaria which US State would you recommend for moving? Montana?Oregon? Arizona?Texas? in 2022 i had the chance to get a job in Arizona. they wanted to pay me about 30 dollar per hour back then as a normal shipping office clerk. i did not take the chance back then cause i could not find a flat for rent and then 2 flats i could get where very expansiv and over 20 miles away from the job. i read often in the internet, 4chan, youtube, whatever that Texas and Montana would be great states to move to.what is your opinion about that as an american?
>>82633320I mostly lived in Dixie so personal opinion; I'd try to stick to as close to that as possible. Arkansas looks very attractive because of the laws and cheapness yet it's still kind of southern. Missouri is too far north but very good laws and cheap, just not sure about the cold. Mississippi, Louisiana, and Alabama are favorites, but demographics are ruined beyond recovery. Humidity can be rough too for people who've not experienced it. Traveling for work kind of ruined me once I realized there are places where whites are not a minority. Tennessee and up gets cold, especially Michigan(snow). Never lived Easter than Pennsylvania(snow) or wester than Louisiana. Traveling in North Carolina is beautiful, but it's expensive and not great laws. West Virginia could be a dollar store Carolina. Kentucky is dollar store Tennessee. Ignorant opinions>Montana is desert + mountains Probably cheap, probably cold, remoteness could make up for it>Oregon is beautiful, but horrible laws and everything is illegal. Also it rains as much as UK>Arizona is all desert, cartels, and drugs. Does anyone even live there? >Texas expensive, okish laws. Too big. I thought it was all desert but after talking to some Texans that's not entirely accurate. Uneducated guess but of the four definitely Montana or Texas. Commuting is a way of life in America, 20-30 minutes isn't bad. I've done as much as 50 minutes, but healthcare is usually 12 hour shifts so the math is a little different for driving than a 9-5. Outside of the south people are weird, very different accent, very different words, very different social standards. Yankees are downright rude. "Blunt/forward" they call it, but they have no grace, stare, generally disrespectful. Might not pick up on that unless you are used to southern hospitality. Can't afford to be rude in the south because honor culture, the social stuff prevents needless fights, indirect language allows others to save face and you get plausible deniability.
>>82633304I am gay. This means that my chances of meeting someone are 1/20th of your chances, but on the flipside, IF the guy shows up, then there's decent chance he'll be a responsible chap, not just a deadweight draining my wallet.
>>82634436Yea if I could choose to be gay, I would. I just don't have anything in common with 99% of women. It makes no sense for me to want to fuck them and get horny from them when I just don't like them as people and obtaining one costs a lot of money, time and effort. At least I'm kinda schizoid, so I have no problem being on my own.
>>82634535I feel like straight men just don't understand that 5% of men are gay. Imagine all the women you've met in your life that could actually be wife material, and then divide that number by 20.So far in the 30 years of my life I've met two cool bros. They're straight of course. If we believe the statistics, and I have average luck, then it should take another 270 years until I meet a cool bro that is gay. Can wait, definitely.
>>82633304>And you need to own an apartment and a car to even attract women, which would also hurt my early retirement plan a lot.Owning a car is dumb unless you need it, but owning real estate is usually a good idea. If you buy something in a capital city then it's pretty much guaranteed to keep gaining value long-term, and if your interest rate is below the average yearly value appreciation, then it's virtually free money. Not to mention that most people would need to rent something if they didn't own anything, because living with parents is rarely an option. I am thankful to mine for what they gave me but god I don't like being around them.
>>82634646>If you buy something in a capital city then it's pretty much guaranteed to keep gaining value long-termI could only do that without going into debt if I spent all of my money and part of my parents' savings. Prices are going up, yes, but the people I know who got their apartments by taking a bank loan tell me they're still losing money because of shitty loan interest rates. They're going to end up giving back twice what they took, while their properties will never be worth double what they paid for. Then you have things like natural disasters that threaten the integrity of their properties. They will absolutely have to spend money on repairs.>most people would need to rent something if they didn't own anything, because living with parents is rarely an option.It very much is an option for me so far. I have my own room and my mom cooks almost every day. I get along well with both of them. They're good people. If I find a job in another city or country, I'll rent a place, maybe with roommates to save even more. As it is, it would be stupid for me to buy a place in the city I was born in, where I already have my parents' place, which I'll inherit.
>>82632645>look at my investments>look at inflation rate of the past 5 years>realize that even though I am not in the red on paper I still lost money
>>82634727>They're going to end up giving back twice what they took, while their properties will never be worth double what they paid for.In my city the average house price has doubled in last ten years. Of course those were exceptionally good ten years, but the point still stands - in most EU capitals, housing crisis is expected to get worse, which pushes house values up. If your interest rate is lower than average price growth, it is free money. You can't argue with this oneLet's look at it from different perspective: you can be paying rent for 30 years and then have nothing, or you can be paying exactly same monthly amount of money for 30 years of mortgage, and then have a house at the end. It's obvious which option is better>Then you have things like natural disasters that threaten the integrity of their properties. They will absolutely have to spend money on repairs.This is why you buy an apartment in a block instead of a standalone house. In a house, all repairs are on you. In an apartment block you have common repair fund which usually covers all maintenance, and big structural issues are never your personal problem that can suddenly ruin you. To illustrate, I've been living in various apartments my entire life, nothing has ever needed a repair that would make me go "oh my, that's expensive">As it is, it would be stupid for me to buy a place in the city I was born in, where I already have my parents' place, which I'll inherit.Not exactly. First, again, if you live in a city with good economic prospects, then mortgage is virtually free money, even if you just own the place and nobody lives there. Not to mention you can rent it out and have some extra income. Second, even if you're not interested in borrowing money because of religious reasons, owning real estate can be good way to diversify your portfolio. Not to mention that in many countries the scheme "buy real estate, hold 20 years, sell" is tax-free, while stocks are (potentially heavily) taxed
>>82634742Just put everything into VWCE or something similar and chill.
>>82634858I don't live in a capital. Just a county capital. There is no housing crisis here. New tower blocks are being built all the time.And I invest in safe state bonds, not stocks. I'm already making an extra wage per year from them while I pay no rent and live on 10-20% of each paycheck.If I went into debt to buy an apartment, I'd be pissing away almost half of my paychecks on mortgage payments. I would not be able to save more than maybe 10-20% of each paycheck. And the apartment I bought will not be worth twice in 30 years, for sure. I also don't plan on living in my city forever. After my parents die and I inherit the place, I might just sell it and move to a cheaper country and retire there. Or move to a nicer country and work part time there. My city is alright but I think there are better places to live, both in my country and abroad.>if you're not interested in borrowing money because of religious reasonsNah, I'm an atheist. The reason I don't want to borrow money is because it's stupid. Borrowing money here means getting scammed by a bank for decades. Maybe if properties doubled in price every 10 years like you said, it would be worth it. But as it is, it's not.
>>82632645If you do decide to live in a cabin out of the city, I will harass you and by the time any help arrives you'll be dead already. Unless you got good neighbours
Lmfao @people who waste prime years of their life "grinding" for the chance to be able to retire just to end up dying randomly and not seeing that retirement. Anon there is better out there for you.
>>82632645The way I was able to retire early was reselling/flipping until I had about 2 million bucks, it took about 8 years.See, IF YOU KNOW WHAT YOURE DOING resellings return on investment is 300-1000%, onlY limited by how much good stuff you can find. No really if you find good sourcing (so 1-2$ per item that flip for $30) you're going to snowball how much you have very rapidly.The issue is 76% of resellers fail, and of what's left half of those can't make a profit because they don't take it seriously.
>>82635750Harass my bussy please.>>82635871Like what.
