Another friend just declared their retirement from the salaryman life.

I heard there's a specific term for quitting your day job because your dividends and investment returns are enough to live on... I can't remember it. It wasn't FIRE, but something like '*** retirement.' Anyway, this friend has been a high-flyer at a famous IT company since their 20s, and at a get-together last weekend, they suddenly declared they're done with the salary life. They have steady passive income from apps they've built over the years, and most importantly, they've been chipping away at crypto, stocks, and ETFs for nearly 20 years. They cashed out their crypto, dumped everything into dividend ETFs, and now their expected monthly income is about the same as the salary they were getting this year.