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A lot can be written on the topic, but it all comes down to the difference between your income and your expenses over the span of a couple decades. A median in
by PragmaticPulp 5y ago
A lot can be written on the topic, but it all comes down to the difference between your income and your expenses over the span of a couple decades.
A median income with a median cost of living and a median lifestyle won’t do it, obviously. Otherwise everybody would be retiring early.
There’s a lot written about finding remote, high-paying jobs and then living like an ultra-frugal bachelor. That’s actually much harder to do than people like to admit and the lifestyle isn’t for everyone.
The more common approach is to get married, keep expenses reasonably low but don’t torture yourself, and one or both spouses should have a moderately high paying professional job. Consistently invest the difference between income and expenses for a few decades and you’ll get there.
Nobody is retiring at 30 and living like a king unless they’re extraordinarily lucky with a startup or some other gamble. However, it’s very reasonable to retire before the age of 50 or even 40 if you’re smart about it and willing to live a moderately priced lifestyle.
- gambiting 5y agoYes, that's very nice and all, but what does it have to do with saving the planet? Even if you don't need to have a job to survive, how do you go about helping? I'm not trying to be sarcastic, I'm genuienly curious.
- hiptobecubic 5y agoSpending your efforts on environmental work rather than building blockchain-powered juicing machines or tinder for sweatshop workers.
- gambiting 5y agoYes but it's not one or the other - there's million different things to do in software before getting to the level of building blockchain crap. Also I'm really curious what people consider valuable environmental work - like, if you didn't have to work for money tomorrow, what kind of environmental work exactly would you take on?
- hiptobecubic 5y agoRealistically, I think unless you are going to work on some hugely disruptive product, your best bet is probably something like local politics, as unfortunate as that is. For example, in my area I would probably push for the local mangrove coast line to be protected from development. Or perhaps for my county to ban or somehow restrict two-stroke engine use.