> You need to save a few million dollars to retire with $40-$80k in investment income.
You need a lot less than a few million dollars if you're willing to live at a more reasonable retirement income. I mean, you won't have to commute anymore, or buy all those services that did things you never had time for, or pay for daycare, or live in an overpriced city, etc. Hell if you move to a country with a lower cost of living, as you suggested, you'll need even less.
You would be surprised how little of what you consider "necessities" of your lifestyle you actually need, or miss when they are gone.
You need a lot less than a few million dollars if you're willing to live at a more reasonable retirement income. I mean, you won't have to commute anymore, or buy all those services that did things you never had time for, or pay for daycare, or live in an overpriced city, etc. Hell if you move to a country with a lower cost of living, as you suggested, you'll need even less.
You would be surprised how little of what you consider "necessities" of your lifestyle you actually need, or miss when they are gone.