>35 soon>120k NWDo I just keep paupermaxxing and dumping all my savings into my brokerage account + maxxing my Roth every year?I save about 2k a month. I’ve become a bit of a stock picking fag, but I want to know if I should just dump the 2k in VT instead of trying to beat the market. My IQ is about 107 and I’m a lazy and unambitious retard so my only “skill” is pauperism
>>61995637>Roth >thinking you’ll have the privilege to live to retirement age Bigger scam than life insurance
>>61995637Wait until you have 200k and retire in Latin America/SEA/non-EU Eastern Europe.>nooo I don't want to live in first worldYou said "unambitious" right there. Pick the easy life or continue to struggle the rest of your life, up to you
>>61995663That's my plan as well, I thought I would need 300 or 400k though, do you reckon 200k is enough?
>>61995637120k is literally nothing
>>61995637Market is overinflated. Just buy 5,000 Link for 40k. And your rich by 2028 at most.
>>619956771. Subtract your current age from average life expectancy age2. Workout an inflation adjusted annual budget based on the lifestyle you want in the country you want to live in3. Multiply the cost from 2 by the years in 14. You now have how much money you’ll need to live there indefinitely, or at least some sort of approximation
>>61995677200k is enough for soft retirement, let it stack up whilst you work part time remote or some shit
>>61995637Test.
>>61995637>just dump the 2k in VT instead of trying to beat the marketRetirement accounts should be in index funds or retirement date funds, especially for midwits.If you're all ready maxing out your 401k and IRA and have anything left over, you can gamble with that.
>>61995750I’m only maxxing out my Roth. ~2k goes in my brokerage
>>61995750Usually you want to max out tax advantaged accounts first.Are you at least getting the full employer match from your 401k?Are you saving for any big purchases like a house?
>>61995764>>61995783Meant for you
>>61995734how is 200k enough to retire in SA wtf that is nothing are u gonna live in the ghetto in some third world shitthole lmao
>>61995677200k should be enough to be a poor NEET without a family. If you want to be well off with a family, I'd say even in second world that starts at 500k
>>61995900>are u gonna live in the ghetto in some third world shitthole lmaoBetter to retire in a cheap shithole than work in an expensive shithole
>>61995716Do stinkies really
>>61995663Basically my plan, desu. Moving to D.R. or Mexico City in my 40s and done with this shit.
>>61995716Silence, jam jeet.
>>61995900200k with a two bucket strategy (60% voo, 40% bonds) is 650$ a month, which is above minimum wage in a lot of countries.
Test.
>>61996164>Mexico Cityyou'll be dead before 50.
>>61996653Yeah, no way I'm retiring in a big city in Latin America. Asia is a lot safer
>>61996719Yeah, I'd go Asia. Hopefully I develop jungle fever at some point. Currently I only like white girls.
>>61995637Do you own a house? First, you should buy yourself a place to live.
