#fat-fire

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from24/7 Wall St.
5 days ago

Earning 200,000 Dollars Annually From a Trust Fund. Can I Retire at 50?

Retirement already appears financially realistic once the second trust opens up in the next few years. Both trusts have the potential to grow over time, further increasing the amount available for withdrawal. A 5 percent annual draw from the 10 million dollar trust alone provides 500,000 dollars per year. The Redditor also noted that the current trust provides about 200,000 dollars in tax-free distributions, which brings the total to roughly 700,000 dollars per year.
Retirement
Retirement
from24/7 Wall St.
6 months ago

Is Aiming for $10M in Savings Enough for Early Retirement?

$10 million is a significant goal for financial independence, but accumulating more may impact personal happiness.
Retirement
from24/7 Wall St.
7 months ago

My Journey to Finding the Right Multi Family Office for $35 million - What AUM Fees Should I Expect?

Members of the fat FIRE community aim for substantial wealth for early retirement, with some reaching $35 million for asset management.
#retirement-planning
from24/7 Wall St.
7 months ago
Retirement

Our $2.9 million nest egg is growing, but my stress is through the roof - how do I stay motivated for 7-9 more years of this?

Exploring retirement options is crucial for those feeling burnt out as they approach their final working years.
from24/7 Wall St.
7 months ago
Retirement

We make $2 million a year and spend $600,000-$700,000 - are we living too large or still on track?

A couple earning $2 million annually spends $600k-$700k and is on track to retire with a net worth of $15 million.
Retirement
from24/7 Wall St.
7 months ago

Our $2.9 million nest egg is growing, but my stress is through the roof - how do I stay motivated for 7-9 more years of this?

Exploring retirement options is crucial for those feeling burnt out as they approach their final working years.
Retirement
from24/7 Wall St.
7 months ago

We make $2 million a year and spend $600,000-$700,000 - are we living too large or still on track?

A couple earning $2 million annually spends $600k-$700k and is on track to retire with a net worth of $15 million.
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