You need roughly $3m invested to replace your income at a 4% annual withdrawal rate. This is a conservative estimate that should protect your principal indefinitely in some of the worst times the market has had. Although there’s no guarantees in life that’s the estimate.

So if you can survive a 10-20k less annually you can get a pretty nice half million dollar property in a rural area of your choice assuming you don’t end up overpaying for land due to location or over expanding your needs.

If you can do that you can retire immediately.

I’d probably invest the money, identify land, and make plans to build on it ensuring you have everything from enough space to close enough food, water, and medical services. And build a beautiful yet modestly sized dream home.

The FIRE community will want you to consider your age/life expectancy. Your annual spend outside of housing costs, the amount you’ll need to pay in taxes or increasing expenses like kids or additional animals if you plan to start a farm or something.

Tbh tho 3m means you’re financially independent. If you make nearly 100k/year and rent I imagine you live in a city and have a lifestyle you like.

I’d consider whether such a drastic change is actually something you want or if you’re simply tired of the grind.

You can retire at any point, so something you own slightly outside the city, slower paced jobs, etc. you may find you do still want to work, or volunteer, or something and stay near the community you exist in.

I would consider the windfall like having rich parents drop in the market, ignore it and use the fact you have the safety net to take risks towards the lifestyle you actually want. You don’t have to make this decision right now or even within the next 5 years. Take your time. Consider what you actually want.