Thread 60815375

How much money is enough for you personally to become a NEET? How much to be a part-time wagie?

>>60815375 (OP)
I enjoyed neeting the last two years but once again I have fucked up and will probably roundtrip all my bags. Now I just want to die.

>>60815375 (OP)
I need like 4000€ minimum per month to NEET comfortably.

>>60815375 (OP)
4M.

>>60815375 (OP)
5 dollars

Third world
>$1-1.5m
West
>$5-10m
any variations between third world and west just pick a number in between

>>60815375 (OP)
$10M
my job field doesn't offer part time

>>60815375 (OP)
1 pepek

>>60815375 (OP)
40k usd
I can taste it bros...

>>60815375 (OP)
2 million for NEET. I know cause I'm there.

>>60815375 (OP)
Buy PEPE it's on dip now.

Im turning 38 soon, been NEET since I was 16

Living with parents + NEETbux

>>60815375 (OP)
$2 Million and I will NEET until I die.

Probably 2 million. That means I can make 60-80k on a safe withdrawl rate.

>>60818647
Would you do it all over again?

All you need is enough to cover rent, some discretionary spending and healthy enough food. Like 20k a year?

>>60818800
Yes, but id take time out of my day to buy Bitcoin back in 2009/2010 instead of being distracted by WoW 24/7

>>60818684
Retarded idiot. Invest the money in dividends or something so you don't lose it

>>60815375 (OP)
>friend calls me a clown for buying memecoin
>I tell him clowns get paid
>two weeks later he’s asking me for an entry point
el em ae ou

1.3 mil
800k

>>60818647
>>60819110
What the fuck. This is literally me. Every part.

Do you understand what a safe withdraw rate is? The theoretical percentage that you can take out of stocks without ever running out of money. The conservative estimation is 4%, but it could be higher or even lower depending on market performance.

Dividends are nice, but you are eventually going to get bit in the ass by inflation, since most dividend stocks don't have growth to beat inflation, and depend on dividends for their return.

If you have 2 mil in VOO, you'd get like 23600 in tax free dividends anyways, unless you have other income.

Aren't you neets scared of when your parents die or kick you out or something?

Are you AT LEAST slowly working on building up a credit score or something?

This post >>60819400

is supposed to be a reply to this post >>60819210

$1M for poverty FIRE.

$5-10M for comfortable FIRE.

>>60817352
all you need is one

>>60815375 (OP)
300k + own apartment in western europe.

>>60822712
So maybe 450k.

>>60815375 (OP)
AT LEAST a bag of pepe. And a bag of son. Oh and five, no six full ethereumz. AND, and, 300 link, MINIMUM.
>>60818647
So what happens once they die? They are clearly at the very least alright with keeping you afloat. Will you inherit a business or something?

Right now, $1 million.

I make $62k. After taxes that's $48k. I live with my parents, so I'm able to save a large portion of that. But if I were to retire/neet, I'd want to spend around $3k a month.

Assuming a 6% inflation adjusted return, 1 mil nets me 60k a year. This means that I get my living expenses of $36k/yr (inflation adjusted) and savings of $24k/yr (inflation adjusted) permanently. And, of course, since I'm reinvesting that $24k, the principle will continue to go up, allowing me to reinvest more, etc.

In short, barring some extreme depression, $1m would set me for life. It could even build generational wealth, if managed correctly. Except, most people don't get $1m in their 20's. The only reason this works is because that $1m has time to grow. Without a magic donation of $1m right now, I will need to save up to around $2m in today's money to retire comfortably.

>>60819400
Based anon explaining so I don’t have to! Bit chad dick energy.

>>60819210
Yeah exactly what he said, you can buy dividend stocks but in order to not get fucked by inflation no matter what you buy, you need to reinvest the gains.

>>60815375 (OP)
I have a house that I could pay off in full and still have about 200k in my pocket. I could easily work part-time if I wanted to.

With about a million I could be fully set, that buys you 4 apartments or about 8 dorm rooms here that I could rent out for a more than okay income even including the cost of not dealing with the administration myself. And I'm sure there are other, better ways to get a good income with that amount of money.

>>60818803
This anon gets it.

>>60815375 (OP)
depends. do you own the house you are neeting in(or will you eventually)? do you care about having a car? if so do you own your car or are you still paying monthly payments? how often do you care about going outside and socializing? what neet lifestyle do you want?
>>60819404
No because I am their caretaker. Yes I have a credit score I'm not a retard, I know I'll need it eventually if I want to make a big purchase. I just don't have any desire to move out because I know no women would come over and because I don't have to pay any bills I never felt the need to get a job. The only part that sucks is not having a car I should probably get a part time job just so i can have a shitbox without dipping into the crypto profits

>>60815375 (OP)
nothing will ever be enough, even the reason why I still have my moomoo and my AI shit is because I know that my only purpose in life is to get money and find a way to show it off without losing it

>>60815375 (OP)
It's actually impossible
If you're in cash, you'll get fucked by inflation
If you're invested you'll get fucked by bear markets
Even safe shit like SCHD need a good million or so locked up to get a decent divvy to live off of, and its down like 4% vs spy

>>60815375 (OP)
For a lean NEET 500k€ in southern europe with a small condo already paid.
To afford some good extras, about 1M€

>>60819404
Yeah but its sort of the same fear of getting a terminal illness, so its I guess something everyone has to face anyway

10,000 ULTY for about 50,000 neet bux. $1000 a week in divvies.thank me later anon

>>60825746
I put 30k into gold during covid and its more than doubled since then and will never drop significantly

>>60815375 (OP)
1M is good enough, If UTK and NEAR pump as expected I'm good to retire

>>60815375 (OP)
its rough, cause minimum wage inflates 26% per year here
your 2mln saved becomes much less worth in 25 years

>>60815375 (OP)
>part-time wagie
anything under $3M
>NEET
$3M and up

It changes depending on age, you will probably want more like 4 or 5 if you are a teenage or in early 20s. This assumes a somewhat modest living style but you can still own a house and a car.

I'd retire on $4m. I'd live on two percent annually of $80k, rest in treasuries and diversified stocks. My annual return would be at least four percent. If you can live on a certain percentage or less with a certain amount of money, you've come across an actual real-life infinite money glitch.

>>60825934
Cool.
>will never drop significantly
lol

>>60815375 (OP)
One Million United States Dollars - 1.000.000

100.000 dollars a year is more than enough to make me happy

>>60829409
gold is a stable asset and the increase in price was mostly due to inflation and reduction of value of money. The new floor would be about 2700USD