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system
how can i live outside of the rat race of american life with 300k?
user
even with a good investment strategy, you cannot expect more than 8-10% per year in average. reducing this by a 3% inflation ratio leaves you with 5 - 7%, which means 15k$ - 21k$. consider seriously if you could live from that amount as annual income, longterm. if you think so, there is a second hurdle - the words in average. a good year could increase your capital a bit, but a bad year can devastate it, and you would not have the time to wait for the good years to average it out. for example, if your second year gives you a 10% loss, and you still draw 15k$ (and inflation eats another 3%), you have only 247k$ left effectively, and future years will have to go with 12k$ - 17k$. imagine a second bad year. as a consequence, you either need to be prepared to go back to work in that situation (tough after being without job for years), or you can live on less to begin with: if you can make it on 10k$ to begin with (and do, even in good years), you have a pretty good chance to get through your life with it. note that 'make it with x' always includes taxes, health care, etc. - nothing is free. i think it's possible, as people live on 10k$ a year. but you need to be sure you can trust yourself to stay within the limit and not give in and spent more - not easy for many people.
assistant