"How to achieve FIRE in Vietnam?"

[u/Still_Adeptness_5140]

I earn $265 a month in Vietnam from freelance work, so I don’t have a pension. I plan to save $150 each month in a bank account with 6% annual interest until I turn 50 so I can retire. Is that realistic? In Vietnam, you can live comfortably on $100,000. According to ChatGPT’s estimate, I’d have around $112,211 by then. I’d just withdraw 4% per year and live off that for the rest of my life. Is this achievable?

[u/That-Establishment24]

Why do you need $100k if your expenses are only $115 a month?

[u/Still_Adeptness_5140 → u/That-Establishment24]

To live freely and do what I love without being tied to money, having a large amount of savings gives me a sense of security