Im in my late 20's and will finish my MD before 30, im not in America so I won't make a ton of money and have to use. Im not in the best position:>I'll be nearly 30 with no savings but I can quickly save up in 3 years, or even six figs in a little longer >Thinking of putting it in a HYSA >SNP500 pay of seems to be longer >Don't have enough right now to meaningfully put anything into crypto >Im looking at different was to make monie>What to be able to retire by 35-40 Any advice /biz/ bros ?
>want to retire after 6 years of workOkaySoRice and beans
>>62779072FIRE is essentially a meme fad unless you're an American working in a select few industries (finance, tech, law etc) or an economic outlier somewhere else. I can't think of anywhere else where retiring at 38 or after let's say 10 years as a doctor would be a good idea. It would be a shit idea in the US too but at least there it would be somewhat plausible if you had a full scholarship to med school and started making bank right away. Obviously you could inherit wealth or strike it big via entrepreneurship, high risk investments etc but that's not what we're talking about here. Unless you're like a European quant or an athlete I just don't see how you would make enough cash by 40 to be comfortable at 80. What happens if you wake up at 55 and realize your financial assumptions were wrong and you can't actually live forever on $250K?
