>Buy ETFs
>Buy shitloads of them
>Sell ~6% every year, reinvest anything extra
>Retire
Is this a reasonable plan for a high-earning workerdrone?

With a $550k investment I'd be sitting on $32k/year just from selling. That's a very comfy life where I'm from.

>>60741080 (OP)
with a bit more money you can put everything into 30 year bonds and get the same

>>60741080 (OP)
The question is how fast you can get to $550k in investments in the first place. Worrying about your withdrawal rate is sort of putting the cart before the horse.

>>60741136
Bonds are a dogshit investment though

>>60741142
I'm not unreasonably close, actually.
I'm 35 and have ~$300k in ETFs and $180k in bonds/securites/(idk the English word but it nets be ~4%, rate fluctuates a lot depending on when you make the contract and lock up the cash).
Like I said I'm paid well but this job is actively killing me. Getting an early retirement would be my dream.

>>60741080 (OP)
Looking back at this 6% withdrawal seems kinda aggressive. I might have to up the portfolio goal size.

>>60741143
it's a safe way to get a passive income if you've already got a shitload of money and don't want to worry about market fluctuations and tenants

>>60741206
Just buy a high dividend ETF nigga

>>60741136
30 year bond barely beats inflation iirc
>>60741233
the point of bonds in a lot of portfolios is to store money while getting more than inflation. The money can be used to weather a storm without selling stocks.
Buying more dividend ETFs just means you risk losing that emergency cash in case of a downturn

>>60741080 (OP)
Selling 6% will cause you to lose more money over time than what you gain, it will be $0 in 20 years.
So unless you're already 70, you need to aim for a lower withdrawal rate like 3% if you want it to last 30-50 years in retirement.

>>60741080 (OP)
I prefer dividend investing. Bogleheads bogle my mind with how gay they always sound.

>>60741406
>like 3%
Isn't that crazy conservative? Most retirement funds are ~4%

I think ETF diversitfication is a huge mistake since western economies are heading towards huge monopolies. If you want to get rich you put your money in the companies that have state backing / are closest to the money printer. You can't make investment decisions based on pre-2008 logic anymore.

>>60741626
>Most retirement funds are ~4%
Most people retire at 65 at 4% which will last them 30 years or so.

If someone is in their 20s or 30s like most people on this board, they will need the money to last them 40-50 years, and a lower withdrawal rate greatly increases the chance of not running out.
If you're flexible and willing to lower expenses and/or work for additional income during retirement, 4% would be pretty safe though, but then it's not really retirement.

>>60741080 (OP)

> Real economy
> No bag holding
> No waiting for retail so we can dump our bags on

Bro, we don't do that here. We like scams here

Learn how to sell covered calls ffs

You dont need to sell

>>60741080 (OP)
Yes but you have to buy them near Ath

>>60741171
>I'm 35 and have ~$300k in ETFs and $180k in bonds/securites
I would suggest that instead of retiring, you keep working at a different job that isn't as detrimental to your health, maybe part time. That way you can see how the math works out for you.
The less you have to withdraw, and the longer you can wait before withdrawing, the better. The math may work out in theory, but life is full of unexpected things. A health scare, a major market crash in the first year of your retirement, instability in your country - you are not going to withdraw 4 or 6% every year. It's just not how life works. You can reduce the risk those things pose by building a larger margin of safety into your retirement plan.

>>60741080 (OP)
No you'll "grow" money at a snails pace like this.
Divvylooping is the way.
INITIAL:
5k ULTY
10K QQQI and SPYI each
1k MSTY
--
ULTY LOOP
60% dripped
40% looped back into QQQI SPYI and JEPI
--
MSTY LOOP
20% dripped
40% ULTY
40% SPYI QQQI AND JEPI
---
SPYI QQQI AND JEPI LOOP
30% back in
10% SCHD
40% MSTY
10% BTC
10% VOO

>Allocate 10% of your portfolio to HGRAF on the OTC (full Nasdaq listing coming next year).
>Retire after it does 1000x

Simple as.

https://www.youtube.com/watch?v=oLxQI8RCXjc

>>60745426
Like I keep telling you in the smigger thread.
You're gonna get diluted on.

>>60745430
>ackchyually, dilution
I will remember your words when it lists without any additional dilution or private placements and post a well deserved "never diluted".

>>60745425
Is it just the one midwit posting here thinking he's going to Yieldmax loop his way to riches?

>>60745444
Maybe, but it looks like its being shilled to plebbitors, probably by the chosen who run the ETFs who live like kings off the redeemed fees.

>>60741633
And which companies would you choose

>>60745481
Yes
It will work
Not riches but the goal is neeting off it sustainably

>>60745441
Gonna go ahead and call you a baggie then
Btw, after diluting they will reverse split to stay listed. So don't cope with that.
Classic pennyshit.

>>60745416
>at a different job that isn't as detrimental to your health
Honestly all the corpobitch and gubbament jobs are the same slave-driving dogshit.
Part-time got taken over by Pinoys/Indians and now it's "12hrs shifts 5x per week" """part"""-time. Yes it's legal.

I was actually hoping to do Patreon stuff with animation. Even earning $500/mo would be huge for the early retirement based on the models I've looked at.

>>60741406
>>60741626
>>60741644
4% will last forever. Go all in stocks and expect 10% average. The risk isn't running out, the risk is a major downtrend in your first years after retirement sending you back to work.

>>60746009
key to successful part time work is to do it in a well paid position which can't be done by third worlders. working a remote job while living in a LCOL can make it feasible to just work 3-4 days a week while still have enough to invest. when you are ready to retire you have leverage to stay as a consultant while working even less at a higher hourly rate

>hey guys I earn 200k a year what if I just uhhhh invest it, sound like a good plan?

>>60741633
>that have state backing
Yeah ... companies like Palantir.
There is zero reason to be pessimistic about the current bull. Just buy tech ETFs.

>>60741080 (OP)
Chances are you will lose to inflation if you are selling 6%/year. Instead you need to live off the S&P's comfy 1-2% dividends, if you are too poor to live off those then you are too poor to retire.