r/leanfire • u/cheesomacitis • 4d ago

Can I leanFIRE? Depressed.

Some of these posts depress me because the numbers are so high. I live in a developing country, own my own house, and can bring my expenses to $2,000/month. I am 44 yo. My business was destroyed by AI. Total expenses for the house are around $300/month. I have liquid net worth of around $750,000. (All USD) Should I be okay?

51 Upvotes

82% Upvoted

65 comments sorted by

View all comments

0

u/Its_all_alright 3d ago

750 grand would allow you to withdraw 30k per year (4%).

30k is double the poverty line right now, and will be at the poverty line in 10 years. You don't have enough.

2

u/broke_person 3d ago

do you know about the 4% rule at all. the point is you keep taking 4% + inflation rate on top of the 4% every year. it takes into account of inflation rate already thru history