Deciding when to retire, particularly in the ChubbyFIRE community, is a highly personal choice influenced by various factors such as a member's net worth and lifestyle preferences. The article shares the perspective of a Redditor, aged 47, grappling with this decision while already having a good job and focused retirement savings. Within the ChubbyFIRE paradigm, many believe that having between $2 to $3 million indicates readiness for retirement, but individual definitions vary greatly, underscoring the need for personalized financial assessments.
In the Chubby FIRE community, a net worth of $2.5 to $5 million is often deemed sufficient for retirement, but personal circumstances vary significantly.
Deciding when to retire is subjective; it involves considering individual financial situations, work preferences, and personal satisfaction with existing savings.
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