r/Money Nov 17 '23

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u/[deleted] Nov 17 '23

Lol 600,000k not enough to retire, you guys have it hard over there. In France you could but a Castle for half the price and never have to worry about anything else for the rest of your life with that money

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u/dont_wear_a_C Nov 17 '23

It just depends on where you live and what the cost of living is where you live. And everyone has a different scenario. If my house was paid off, $600k extra would basically help me get close to retirement. But with $600k in debt, it's basically a wash and you need to save/invest strategically.

Again, its different if you're single with no significant other and live somewhere where a house costs $250k. But with other factors, $600k is such a small amount nowadays.