An ex-Meta employee calculated that his family of 3 needs $5.6 million to retire in San Francisco. Here's the formula he used and how he plans to hit his 'enough number.'
How much is "enough" to retire early in San Francisco. FIRE blogger Andre Nader calculated the number for his three-person household.
Hasnain says:
“Those three factors "got me to my 5.6 million-and-change number for 2024 at my current spend, as of six months ago," said Nader. He added a few caveats, including that his estimate does not fully account for taxes, he's not factoring in Social Security or Medicare, and he's assuming no changes in expenses after his daughter graduates from college.”
Posted on 2024-11-28T03:30:07+0000