I have 3 rental units, and plan on saving up like 300-400k over the next 5 years.
Can i retire with wife in some shithole with like 2k rent income before tax, and 300k saved up?
I probably would have to hire some company that takes care of my rentals, and that would eat into the 2k a lot. Probably also have to pay fucking tax to germoney, and then pay tax in whatever shithole i move to.
I just don't want to work all my life. I want to chill somewhere with wife and just play video games. But then i probably would be too poor to send my kids to a good school with such little income.
Also if i go to some place like brazil there is also high chance some cartel one day just kills me. I would hate to be beheaded.