this post was submitted on 02 Jul 2024
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You don't need passive income to be able to do what you want. Mostly you just need to get past the barrier of housing cost.
Where I am, I could pay down a mortgage on a good house in 4-5 years of working fulltime. With another two similarly-committed comrades to share the house with, we could easily pull it off in 2 years. After that, baseline cost of living would be 6000 a year for 3 people.
After working fulltime for 2 years I quit my job and the 18 months since I've averaged less than 10 hours a week of zero-hour type gigs or odd jobs. I've been on like 12 overnight-away-from-home trips in that time, totaling over 3 months. I could probably retire on 300k, including the cost of a house. I'm going to have to start working again soon but I've been in total vacation mode for a year and a half.