Sounds strange, but I've never thought about it. Not necessarily because I always want more and more, but rather because I don't see the point in turning my life upside down when my assets exceed a certain limit. So for me, there is no deposit threshold beyond which I would suddenly change my behavior, not even in terms of my savings rate. I think for me it's more a question of age, regardless of how much I have saved. So I would answer the question with "When I'm 70, I think I want to sit back and live off my savings and do whatever I feel like doing, regardless of whether I have 2 million or 100,000 at my disposal". What I definitely want to have achieved by then is to have bought a nice detached house and paid it off in full.
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@DieEnte7 If you're still able to enjoy life and all that money when you're 70.
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@Svengus Of course I hope so - but at the same time I wouldn't take early retirement on suspicion, at least not yet. Somehow not having a daily occupation in my late 50s apart from the question of how I spend my money is not at all desirable for me
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@DieEnte7 is also a "luxury problem". More than 70% of Germans are dissatisfied or "mostly dissatisfied" in their job. Many have resigned internally.
Of course, a job that you really enjoy is the ideal situation. From my own experience, I can say: it's not that easy. I had great tasks during my training, but was paid badly (even afterwards). As a working student afterwards, I had the dream job of my life; guiding people in the warehouse, occasionally moving the forklift myself if I felt like it and managing the scheduling in the office (logistics food retail). Already better paid than before. But had to leave the job during the practical semester at another company.
Then various jobs after graduation, each time with salary adjustments. Logically, the salary increased with the responsibility, but so did the stress. In my last job, I had an almost 100% increase in salary compared to my first job after graduation (6 years later). But I was never able to plan anything for it, because even at 17:30 there was still "something to do" (which could take 2-3 hours). Top salary for me, but a flexible schedule until at least 19:30.
Now I have a great job, great colleagues, great boss, great employees, good salary. If just one of the points changes, it's already much worse again. Knowing that you don't have to work makes it much more relaxed. In principle, I do want to work. But only if it's fun. And it's only fun under certain conditions. If you can relax and look for a new job for 6 months in between without thinking twice about whether the "mediocre" job offer isn't attractive enough after all, you've achieved a lot in my opinion.
Of course, a job that you really enjoy is the ideal situation. From my own experience, I can say: it's not that easy. I had great tasks during my training, but was paid badly (even afterwards). As a working student afterwards, I had the dream job of my life; guiding people in the warehouse, occasionally moving the forklift myself if I felt like it and managing the scheduling in the office (logistics food retail). Already better paid than before. But had to leave the job during the practical semester at another company.
Then various jobs after graduation, each time with salary adjustments. Logically, the salary increased with the responsibility, but so did the stress. In my last job, I had an almost 100% increase in salary compared to my first job after graduation (6 years later). But I was never able to plan anything for it, because even at 17:30 there was still "something to do" (which could take 2-3 hours). Top salary for me, but a flexible schedule until at least 19:30.
Now I have a great job, great colleagues, great boss, great employees, good salary. If just one of the points changes, it's already much worse again. Knowing that you don't have to work makes it much more relaxed. In principle, I do want to work. But only if it's fun. And it's only fun under certain conditions. If you can relax and look for a new job for 6 months in between without thinking twice about whether the "mediocre" job offer isn't attractive enough after all, you've achieved a lot in my opinion.
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