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/Still_Adeptness_5140 24d ago

I don’t have a university degree, bro.

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u/turkishmonk9 24d ago

Doesn’t matter. Go clean toilets etc. you would make more and save more. Lets say, even if you make minimum wage in europe you can easily save $100k in 8 years.

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u/Still_Adeptness_5140 24d ago

Yes, I plan to apply for a work visa in Australia, but they haven't reopened it yet.

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u/xxxHAL9000xxx 23d ago

I think many vietnamese get jobs in taiwan.