Hello, new here.
I am 37, from the US and completely sick of the work grind.
Suppose, hypothetically if I reached my goal of 300K in savings by the end of this year and got laid off, would it be enough to retire on?
I am risk-averse and not familiar with most financial products (still learning). I have no dependents so I would be spending this mostly on myself with a few exceptions.
My expenses are roughly $20K a year - I would like to live comfortably without having to work ever again - preferably in the US (!)
Curious, do you think this would be doable - or what changes / sacrifices in my lifestyle would I have to make in order to be able to afford to retire w/ this money?
Thank you for any insights,
Pat