LogFAQs > #953405935

I think someone here said their goal is to get to the point that they can make their wage in covered calls or something and then retire, which would require I think around $1 - 2 million, but that seems too low to me. Using your investment income to live off means your investments won't continue growing so you probably won't have enough when you are actually old and can't work too much, plus if something happens to cut your investment value down a ton somehow or your strategies for generating investment income stop working you are in such a bad spot.

Plus, not being able to reinvest your investment income back into the fund is also compounded by no longer having a job that will contribute to growing your fund, so you become very static. It's a risky place to be.

There's certainly a number I could hit that would make me consider retiring young but I haven't worked out what it would be.

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