The Reddit 42 -year -old has launched a wider conversation about financial independence and mental burnout after sharing details of his life savings, expenditure and deteriorating health for stressful work. Although he has no dependent persons, no debt and £2.5 Crore stored completely in solid deposits asked whether early retirement was a viable option. “I am completely exhausted and tired of it 9 to 5 … He always emphasized and always thought of work at work,” he wrote. “I have developed health problems and hate everything.”
A man who remains free and does not plan to marry, also noted that his parents had died long ago and stepped property or vehicle. Its monthly expenses are roughly £50,000 and has a guaranteed income after taxing $ 1,000 (approximately £83 000) per month from 62 years, stemming from a short work stint in the US.
His dilemma: While his current financial situation seems to be solid on paper, he fears that abandoning his work could almost prevent something similar in the future. “The work I have is not easy,” he wrote.
The post caused a sophisticated debate on the sustainability of traditional career, especially for those who do not have family duties. The commentators discussed alternative options such as a pensioner, move to lower stress, move to a lower life area, or invest in assets over FD-likes are index funds, real estate or anuity-to clean long-term inflation returns.
Its central question – “Can I retire?” – has provoked hundreds of answers. Here are some of the reactions:
One user commented: “You have done better than most, but inflation is your biggest enemy. Fixed deposits may not be enough for a long time. You have to diversify.”
Another wrote: “You sound like you need a break more than full retirement. Sabbatical six -month -old can help you reset without burning all bridges.”
Many recommended moving some funds to mutual funds, investments based on index or cheap properties for passive income. Others encouraged relocation to the city of level-2 or level 3 to stretch savings and improve the quality of life.
Some reactions were more empathetic. “You don’t have to justify your pain. You have done hard work. Just be careful not to change the burn -out of financial anxiety,” one user said.
(Tagstotranslate) retirement
