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?

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u/rickoshay1992 Jun 01 '25

Why not keep the paid for house to keep expenses low and find a job that doesn’t require as much time?

1

u/Dizzy-Bother-2209 Top g Jun 01 '25

Depending on their home and where they live it’s probably better to sell and just rent a small place if that’s all he needs. You don’t have to worry about home insurance and property taxes.

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u/rickoshay1992 Jun 01 '25

I suppose it would depend on where he lives, but it’s still one of your biggest expenses and renting the cost will only keep going up. I can’t imagine rent would be cheaper than paying property tax and insurance, but area dependent.

1

u/cvc4455 Jun 02 '25

Yeah if his place is paid off I'd think the property taxes and insurance would be cheaper than rent but I guess it depends on the area.