Retirement saving are interesting because for a whole bunch of public policy reasons most people have illiquid retirement savings.
> move to Thailand, Spain, Portugal, Turkey
Check your visa requirements: can you really move there without a job? While $100k is a 1% number it may not be enough to qualify for the "entrepreneur" visa.
I clicked your link and clicked on a couple tabs even but did not find data on what most people have liquid or illiquid. Can you point me to it?
$100k sounds like a lot but....I live in San Diego. All in, it costs about $4,200/month post-tax to live here. Sure, it can be done on much less. That means $50,400/year post-tax. So your $100k whether liquid or not only lasts two years max.
Let's say a real recession occurs and you lose your job. If your $100k is in the asset that crashed -- say real estate (which I like real estate) or speculative tech stocks -- oh boy. You're now probably at $70k hopefully. If it takes you 12 months from losing your job to finding a job. Now you're looking at only $20k left in your account....that is scary.
I know I am being paranoid because you'd get unemployment + could probably find a lower level job quick in the meantime + you would cut your $4200/month to bare minimum. But that's my point, I live in this fear and the $100k provides some peace of mind.
> Check your visa requirements: can you really move there without a job?
If you're willing to live a slightly rootless "digital nomad" life, you can ping pong across several countries spending 3-6 months in each back and forth to remain on a visitor visa indefinitely. Not ideal, of course, but you can do this until you get on your feet in a more permanent manner IE full-time remote work.
That of course puts you into the 1% of people in terms of liquidity. Quite a lot of people are a long way below that: https://www.federalreserve.gov/publications/2019-economic-we...
Retirement saving are interesting because for a whole bunch of public policy reasons most people have illiquid retirement savings.
> move to Thailand, Spain, Portugal, Turkey
Check your visa requirements: can you really move there without a job? While $100k is a 1% number it may not be enough to qualify for the "entrepreneur" visa.