Currently 31, will likely have the option around 40 (or early 40s) at current pace. Don’t think I actually would that early though.
Ask HN: What age do you expect to be able to retire?
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Re: Ask HN: What age do you expect to be able to retire?
#22I want to reach that milestone by 35 ideally. I expect to get lucky somewhere along the way. My basic plan is to work hard and work with people who are the best in the industry whether at a startup or at a top large company. If I do that for 15-20 years, I don't see why I don't have a high chance of being rewarded in the technology industry (again, assuming a bit of luck along in the journey). My personal "number" is…
You want to hit your number by age 35 but you still need to work for 15-20 years? Does not compute?
Just used an arbitrary range to convey "a significant amount of time". Didn't want to give away my age on here, heh. I've got a few years in the industry under my belt, but by no means nearing retirement anytime soon.
Also to be clear, I probably wouldn't stop working if I hit my number - I would probably just work on different things or have a more flexible on/off work schedule.
Also remember, luck is an important piece of it, so if you've got some to spare, I'd be happy to take it off your hands.
Re: Ask HN: What age do you expect to be able to retire?
#23I retired a few years ago, shortly after I turned forty. I worked in Silicon Valley for a long time and saved almost all of my take-home income, which is what allowed me to amass a large sum.
When I was living in Silicon Valley, I couldn't wrap my head around how much pointless consumption my colleagues engaged in. Couldn't they see that they could escape this stupid rat race and leave if they just saved their money? I guess the liked the rat race more than I did. I hated the rat race and don't regret leaving. I should have retired sooner.
Re: Ask HN: What age do you expect to be able to retire?
#24I live in Russia, and I doubt that I'll ever be financially independent.
Re: Ask HN: What age do you expect to be able to retire?
#25I don't see retirement as anything worth to chase. My basic believe is that you should be able to enjoy your work, learn something new and do all possible to balance your work and life style. If you work only for the money than you should stop and try to do something else, even if it would cut your income. It's no shame to have regular income and many times you will have more free time and less stress than people who always work for big buck of money.
Re: Ask HN: What age do you expect to be able to retire?
#26I retired with 18, lol. Still pursueing a worthwhile career.
Re: Ask HN: What age do you expect to be able to retire?
#27I retired a few years ago, shortly after I turned forty. I worked in Silicon Valley for a long time and saved almost all of my take-home income, which is what allowed me to amass a large sum. When I was living in Silicon Valley, I couldn't wrap my head around how much pointless consumption my colleagues engaged in. Couldn't they see that they could escape this stupid rat race and leave if they just saved their money?…
Isn't 40-45 extremely old for SF? Most FANG-engineers can probably retire by their late 20s in my experience.
Re: Ask HN: What age do you expect to be able to retire?
#28[deleted]
Re: Ask HN: What age do you expect to be able to retire?
#29I love working. I hope I create software to some degree as long as my brain works. I am below 30 and already reduced my work time to 'work when I want to' plus a few extra emails so retirement is by far not my main target right now. I basically am able to enjoy life right now to the fullest.
Re: Ask HN: What age do you expect to be able to retire?
#30Already there since this year @ 35, with kids. Previously retired at 23, with lower expectations. Don't consider myself a teacher - that was mostly luck.
However, common mistakes: Not demanding equity, not understanding equity and options, living in overpriced cities, thinking the latest technology is somehow more important than the one that stood the test of time.
I can't recommend the annual Venture Deals course from Techstars enough to really grok equity deals, as these are really where the money comes from, whether you are founding or an employee. In the US anyway, tax is an aberration.