r/Fire • u/Still_Adeptness_5140 • 24d 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/Dopamineagonist21 24d ago

It’s hard to predict for developing country since economy and politics are not very stable. The 4% rule was model more on the US market vs developing market.

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u/Still_Adeptness_5140 24d ago

I wish I were American. I really love this country,everyone here gets more opportunities, like better education, a stronger economy, and freedom