Is anyone planning to FIRE in NYC? What's your number?

I'd love to stay in the city as someone who doesn't want kids but it feels daunting...

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Same, I want to retire early in NYC. Targeting 3M.

Based on your current math, what age are you planning on hitting your number?

likesmart

50 for $5M (inflation-adjusted)

I’m early in my journey so don’t have a number but live in nyc and plan to live here. Very back of the napkin math is 5M

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Love Coney Island (and Brighton Beach) but not sure I’d call a visit there a “vacation”.

likesmart

Is it possible to buy your house/condo and own it outright? If so that can significantly lower your required number.

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Follow up question: For those planning to FIRE, are you planning to buy in the city since you'll be here long-term? I'm used to the usual adage that it makes sense to rent

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This is a good question.

Yes we want to retire in NYC and probably somewhere warm for the winter. Aiming for 10M but we have kids so it would be achievable for less than that with our current lifestyle if we didn’t. We’d buy and just pay maintenance.

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