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Hey everyone, I'm finally posting here after reading posts for a long while.
I'm 31M single-income earner in my household with an income of 103k/year.
I'm an international working from a abroad to a US company, so while I have access to index funds, I don't have access to 401ks and similar retirement plans.
I currently have about 6K in 0% interest debt, a paid off 2016 nissan versa, a little over 20k in savings invested, and a 60k house in my country that is already paid for. (a decent house here costs about 300-500k US).
My current monthly expenses come to about 4k USD, and I should be done paying for my debt in February.
I should be able to save 3.5-4k USD a month now that I finished furnishing my house and taking care of paying off most of my debt, but I don't know how much I need to get to in order to fire.
My projections have me hitting about 600k USD in 8 years, but I don't feel that's enough to cover my 3.5-4k USD COL.
Should I trim down my cost? Work longer? Invest better? I appreciate any advice ya'll have.
Thanks
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- 1 year ago
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