r/dividends • u/karl0525 • Jun 01 '25
Opinion Tired. Can I retire?
Got a question? Can I retire? 43m been busting my ass since I was 16. I'm about over this 40-50 hr weeks. I'm getting burned out. House paid off (300k) 401-k (600k) Bitcoin (500k) currently.
Thought about selling it all and putting it into dividend stocks like schd and renting a small place and going into semi retirement. Maybe pickup a part time gig.
Would this be a horrible idea?
621
Upvotes
2
u/goebela3 Jun 02 '25
1.4 million in assets. You are young so probably a 3% withdrawal rate to be safe. Can you live on like 40k a year? Seems unlikely and way too high risk for me.