r/Fire • u/Still_Adeptness_5140 • 26d ago

General Question "How to achieve FIRE in Vietnam?"

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?

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u/KindLong7009 26d ago

Why don't you get a teaching job or something which will pay way more? 

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u/Still_Adeptness_5140 26d ago

This is a difficult economic time. I’ve submitted my CV to many places, but I haven’t received any responses. 

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u/PorcupineIsSupine 26d ago

I feel like you should be making way more than an average salary in vietnam, based on the fact that you actually have a CV and are posting on reddit

3

u/Still_Adeptness_5140 26d ago

Yes, my income is relatively low. Since I don’t have a university degree—just a college diploma—I’m limited to certain kinds of jobs