this post was submitted on 05 Sep 2025
167 points (95.1% liked)

Ask Lemmy

34443 readers
1091 users here now

A Fediverse community for open-ended, thought provoking questions

Rules: (interactive)

1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them

2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?

3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.

4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com. NSFW comments should be restricted to posts tagged [NSFW].

5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.

6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online

Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija

Logo design credit goes to: tubbadu

founded 2 years ago
MODERATORS
Bluetreefrog@lemmy.world
TheSaneWriter@lemm.ee
TheSaneWriter@lemmy.thesanewriter.com
Asudox@lemmy.world
lemmy_bot@lemmy.world
beefbaby182@lemmy.world
ModeratorCan@lemmy.world
neidu3@sh.itjust.works
asudox@lemmy.asudox.dev
candyman337@lemmy.world
candyman337@sh.itjust.works
167
Would you retire at 30 and live frugally? (lemmy.world)
submitted 3 days ago by MTK@lemmy.world to c/asklemmy@lemmy.world
135 comments fedilink hide all child comments
 

If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

you are viewing a single comment's thread
view the rest of the comments
[–] gusgalarnyk@lemmy.world 20 points 2 days ago (1 children)

100% I would do that but that's a bit unfair because:

  • I make enough money to splurge more than I need to, namely eating out, and I would happily never eat at a restaurant again if it meant I got 40 hours of my week back for the rest of my life.
  • I would spend the next 60 years of my life doing all the hobbies I want to do. I have stories I want to write, video games I want to make, furniture I want to craft, themed parties I want to throw, a TTRPG I'm working on, a card game (gods to make a card game before I croak!). Even if I did what I plan to do which is sell all of that at the lowest price I could (including giving as much of it away for free as possible) inevitably some of those things will make me a bit of money. Enough I'd hope to splurge into an international trip every now and then or keep my PC rig rather new.

I just don't expect to stop working in retirement, I just plan to work doing stuff I love instead of stuff that pays well.

So if anyone in the comments is a wealthy person or dying with no heirs feel free to send me enough money to retire. I would love to create things for people for the rest of my life and not worry about anything but if I could afford a thing I don't need and if my hobbies are worthy of other people's time/attention.

[–] ScoffingLizard@lemmy.dbzer0.com 10 points 2 days ago (1 children)

It is almost as if all of humanity could survive and provide for each other without psycho billionaires owning the means of production and housing!

[–] gusgalarnyk@lemmy.world 6 points 2 days ago

Ah, to own a house... Wouldn't that be neat? And imagine if it wasn't a piece of shit produced at the lowest cost possible by overworked and underpaid builders. Hell, imagine a custom house for my particular tastes!

What a world we could live in if we just taxed the rich out of existence and owned a portion of our work place.