A Reddit user hopes to retire at 39 with a nest egg of $3.3 million, aiming for 'chubby FIRE.' However, high living costs, inflation, and personal spending pose significant risks. The article emphasizes the importance of assessing lifestyle, investment risks, and potential expenses before retiring early, suggesting that while the amount seems sufficient, the user's unique situation necessitates a cautious approach to avoid financial strain.
Retiring around two and a half decades earlier than the norm in an expensive city with multiple dependents can be tricky.
Typically, I'd say $3.3 million is more than enough to fund a comfortable early retirement. However, for this Reddit user, their lifestyle entails a magnitude of monthly spending.
High living costs, the threat of tariff-fueled inflation, rising childcare costs, healthcare expenses, and soaring stock market volatility are all factors that could make for a rather stomach-churning early retirement.
While it's technically feasible if all goes right, I'd argue there are ways to take significant risk off the table that don't involve pushing one's retirement date further down the road.
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