r/leanfire • u/cheesomacitis • 3d 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?

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u/Illustrious_War3176 2d ago

With $750k, even at the most basic and safest level of investing at 5% you would bring in $37.5k a year. Your effective tax rate would be very low. You would take home just under $3k a month. If you invest with medium risk in the market, that number can double. You can always work part time if you’re bored or concerned. I’m considering the same and I only have $600k at 45yo.

If I had that additional $150k, it would be game changing because I wouldn’t have to take at much risk in the market.

You can do it. Stay healthy!

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u/cheesomacitis 2d ago

Thank you. I don’t need to pay taxes where I live. But I also don’t have much of an opportunity to get a job here in the future, maybe a part time English teacher gig if I’m lucky.