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Japanese man saves for early retirement by eating extremely simple meals for 21 years
(mustsharenews.com)
this post was submitted on 09 Aug 2024
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chapotraphouse
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Is it not close?? The man is 45, it's only 15 years until the man is eligible for state pension and average life expectancy gives him 36 more years.
40,000 USD/year, tax-free for 15 years, with no travelling-to-work or uniform or work lunch costs, free to live wherever he likes and is cheap. And then he still has 300,000 USD plus state pension (I have no idea how good Japan's pension is).
Add on minor income / cost offsets from whatever retirement hobbies like gardening, it doesn't seem crazy to me.
From the info I found, you won't be eligible for pension until you reach 65, so that's 20 years. I guess it's not as bad as it initially seemed, but then again no more company dorm to live in after quitting.
If you don't have a million dollars you can't even have a house in the US so I have no idea how much money this actually is