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If you only spend %50 of your paycheck, and invest the savings well it's basically 5-10 years to FIRE. It's more complicated than I make it sound there but ult
by ticviking 5y ago
If you only spend %50 of your paycheck, and invest the savings well it's basically 5-10 years to FIRE.
It's more complicated than I make it sound there but ultimately it's a matter of deciding it's important to you to do this and making it happen.
- hunter-gatherer 5y agoI think it is closer to investing 70% for a 10 year target, actually. And that is a pretty "great case" scenario.
- Retric 5y agoYea, there is often an unspoken assumption of moving to some ultra cheap location which is central to those ultra short time periods. If you can live on 10% of your income in retirement then you can save that up very quickly.