Ask HN: How have you achieved financial independence?
Just turned 30. Invested most of my savings (20k€) into Bitcoin several years ago, and then converted everything to Ethereum in the pre-sale. Those 20k€ are worth roughly 1M€ pre-tax at the current rates.<p>Started a fintech startup three years ago and we are close to a liquidation event that would net ~1.5M€ pre-tax.<p>Right now, though, I have less than 10k€ in my bank account. Would be also really curious to hear how to convert that money into sustainable passive income.<p>Spending 3k€ per month for the next 30 years would be about 1M€. Seems like having <5M€ is far from the "go bananas" type of wealth, but it can definitely be enough to achieve FI.<p>Achieving ~4% annualized ROI after tax and inflation seems plausible in the long term: <a href="https://www.reddit.com/r/financialindependence/wiki/faq" rel="nofollow">https://www.reddit.com/r/financialindependence/wiki/faq</a>