A half million dollars?

I am getting close to a net worth of $500k which I should reach by the end of the year if the markets don’t completely crap out before the end of the year. It’s almost all money I’ve made myself and invested. I recognize that my current financial struggles are just a temporary dilemma as I build a secure retirement and save for my off-grid property that I should be able to buy with cash and live simply.

The way I look at it is if I can manage a 7% return on my investments over the next decade, I should be able to have more than a million on capital gains alone along with continued investments that will get me closer to $1.5 million by my mid-50s when I leave my good paying job for a better life. Plus wherever I end up moving, be it rural Missouri or South Dakota or elsewhere, I will probably still need a real job beyond my homestead for at least a few more years as I think universal health care is still a few years off.

Sounds like a lot of money but it really isn’t. Land and equipment is expensive and I hope to have many years in retirement. I don’t want to live fancy but I do want to have the money needed for the equipment needed for a hobby farm, a truck, four wheeler, guns and other implements for working the land.