I used the retirement calculator my brokerage firm has on their website. According to their Monte Carlo simulation, I have about 10 years to financial independence (90% chance that my money doesn't run out before I die), income, savings rate and expenses remaining at the same level. That happens to be around $1 million in savings in today's dollars. It's tempting on the one hand, but on the other hand: 10 damn years!! I don't know if I can do it.
It's weird, I'm hoping that the decision is somehow made for me. My company being acquired or forced to downsize, offering severance packages... But alas, it doesn't seem to be in the cards.
I used the retirement calculator my brokerage firm has on their website. According to their Monte Carlo simulation, I have about 10 years to financial independence (90% chance that my money doesn't run out before I die), income, savings rate and expenses remaining at the same level. That happens to be around $1 million in savings in today's dollars. It's tempting on the one hand, but on the other hand: 10 damn years!! I don't know if I can do it.
It's weird, I'm hoping that the decision is somehow made for me. My company being acquired or forced to downsize, offering severance packages... But alas, it doesn't seem to be in the cards.