How much $$ reserves do you want to potentially semi-retire?

[Eric Carr]

I have 11 units in the Twin Cities. My total of all annual expenses is about $220K- everything, insurance, haircuts, leisure travel, property taxes, etc all included in there

I dont want to semi-retire any time soon, but I think it's smart to have long term plans. Maybe in 5-10 years?

A relative of mine said they'd want 3 years of expenses in my situation. Bear in mind I'd still work, say a few days a week and make enough income between rental cash flow and working to clear my annual expenses by at least $25K after taxes. (I'm not going negative burning savings)

How much cash in HYS would you want to have? Say I did this at age 45-50, so 15-20 years I'd need to bridge until SS and Medicare