Please explain the "you need +2m to retire" meme to me

How hard can it be? I mean I made a x100 in my first two years of investing by randomly throwing my neetbux on a racist peruvian otaku meme as an inexperienced financially illiterate autist and now I'm in the 6 digits range. Not to sound cocky but if I made it this far, 5% shouldn't be that hard, right?

Being "rich in a shithole" would give you access to better education and healthcare than being "poor in the first world".

We all want enough to leave this faggot society, find a white wife and produce as many white children as possible. The more money, the more children.

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Based. Stop listening to these anons who would prefer to live in the fire that is the USA. After this year's elections most countries will be better than them. Put money into EWT and live off your 500k in a developing country.

Yeah I don't understand people who say they need 75k per year as a minimum, what do they even spend the money on? Do they all live in 6 bedrooms mansions in NYC and have kids in private schools, go in luxurious hotels every weekend or what?

But still I assume you'd need to account for taxes and inflation... 25k a month might be enough for me right now but what about in 20 years?

You have to pay taxes on that retard, also if you dont reinvest your returns you get cucked by inflation

>children
>wife
Unironically won't make it.

You need the stack to be growing faster than inflation and then you can pay yourself living expenses without becoming poor. Your 5% plan might work if you actually make 10%.

1. You aren't going to make a consistent 5% a year, every year, that's a fantasy

2. You need to account for inflation

3. Those gains are still taxed

4. $25k a year is literally a poverty wage

Real inflation is probably closer to 6 or 7%. Its probably going to get even worse with all the brrrrring. A lot of staple goods are priced artificially low because of subsidies/loss leaders and groceries are a small portion of most people's budgets. Prices of things like rent and insurance rise much higher than official inflation figures. even if you own your home your property value will likey appreciate causing you to get cucked by property taxes

There's people who make 25k a year work in USA, and he's talking about living in 3rd world Bangkok.

Op as for your question, Bangkok won't be a 3rd world country forever, cost of living could raise in an instant and you'd have no income

You've never actually been poor in america have you?

>American climate is terrible but SEA climate is even worse
>terrible infrastructure in actual "shitholes"
>gross brown people everywhere

I mean yeah, there are definitely areas of the US where a 25k yearly income is going to be more than enough, especially after 20+ years of working and acquiring stuff. In other areas, it isn't going to cover it. It all depends on where you live, man. I'm here in Indiana, about an hour west of Indianapolis, and 25k in this city would make you middle classed. I make about 53k and have enough money to do whatever the hell I want every single day. It all depends on where you decide to live.

man the poverty that exists in this country is unbelievable. im from new york city so im used to being around ghettos but the shit that i saw when i went to college upstate was insane. people stuck in their rust belt shithole towns working at walmart or pricechopper and subsisting on mountain dew, pall malls, natty light and ramen noodles. id say the social mobility is even worse in those areas than in the inner city. and there are places like that all over the country. shit is just sad.

For one, you need a place to live, full stop. So from whatever money you make in crypto, you need to deduct the cost of a house, or the remainder of your mortgage if you have one already.
Secondly, stonks don't *always* go up. For a normalfag, that might just mean a setback for their retirement fund. But if you're hoping to live purely off invested dividends, that can be a huge problem.

USA is an undeveloped shithole with a lot of money, so you dont need to adapt to developing controles. Move to europe if you can.

This is true, inflation being based on the consumer price index is a complete load of bullshit. It's basically equivalent to the 2008 financial crisis where the mortgage bonds were fraudulently being rated better than they really were. In this case, the CPI only looks at a bunch of bullshit that doesn't accurately take into account actual living expenses. Who fucking cares how much bread and eggs cost when that means fuck-all compared to the cost of things like a house, car, insurance, and so on.

>You aren't going to make a consistent 5% a year, every year
There's no reason you shouldn't. Banks don't have a monopoly on lending anymore. You will always have access to lending markets from now on through defi or semi-defi like Celsius.

5% is pathetic. just run masternodes for a juicy 12%

What you autists don’t understand is there are ugly men out there, such as myself, who NEED TO BE FUCKING RICH IN ORDER TO GET LAID.

I need a hot asian girlfriend or my life will not be complete and I will not have self actualization. In order to do this I need a fucking 60k luxury car and 800k McMansion to impress her along with 2k monthly allowance and 1k for random gifts. Life is expensive as a non Chad male who wants sex and respect by your peers. You need to flaunt the fruits of your labor by keeping up appearances. Yes I could be a NEET used to living off 1k a month welfare and get by just fine on 2k passive income but I’d be fucking MISERABLE

More like 3% if you want to be guaranteed safe
That's still just about doable in SEA.

Why have more? Because waifu and probably will have a family
But yeah, frugalchads can opt out easier than consumercucks. You can do it op

All i hear is
>consume consume consume
You could go to SEA and get the frugal version of an asian girlfriend too, but you seem to want the luxury version and so you pay the costs