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Anyone can do it, it really comes down to what percentage of your income you can save, but it'll be easier for people with less expenses. Here's a calculator t
by xur17 9y ago
Anyone can do it, it really comes down to what percentage of your income you can save, but it'll be easier for people with less expenses.
Here's a calculator that's been posted on HN before to give you some numbers [0].
Also, it's worth noting that 'retiring' doesn't have to mean not working anymore. To me it means the ability to work on whatever I want without having to worry about income. I'd likely still work on side projects, contribute to open source projects, etc.
[0] https://networthify.com/calculator/earlyretirement?income=70000&initialBalance=0&expenses=25200&annualPct=5&withdrawalRate=4 https://networthify.com/calculator/earlyretirement?income=70...