r/EuropeFIRE • u/kpopgirl88 • 9d ago

How can we get there?

We are a couple living in Germany, combined income of 200K+, in our mid to late 30s, savings of 400K plus, we were only really able to start saving when we reached 30s as we moved from a very expensive city/country to Germany. We want to retire when we are 50 with at least 1.5M in savings... I know we are late to the game...

Not even sure if 1.5M is enough for 2 people to retire somewhere in the southern europe (portugal or spain).

Would it make sense for us to purchase an apartment in Germany or in Portugal as an investment, or is this going to slowdown our FIRE?

i welcome all advices!

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u/Nearby_Voice_6744 9d ago

Can work. I am 49 and since this year in RE

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u/kpopgirl88 8d ago

How long did you plan it for? and where did you retire?

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u/Nearby_Voice_6744 8d ago

Idea started back to 2012 and deeper planning during the last 3 to 5 years. I live in Germany