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Yeah, I looked into it on my own early in my career, and I thought "Damn, I'd have to save two million dollars to live in retirement off 50k a year for forty ye
by Firmwarrior 4y ago
Yeah, I looked into it on my own early in my career, and I thought "Damn, I'd have to save two million dollars to live in retirement off 50k a year for forty years"
Turns out the numbers are a lot more favorable, though. You can count on some level of compounding investment growth even after inflation, you can slash your living expenses after you retire, etc. Suddenly early retirement is a possibility even at a pretty modest income level, without compromising your quality of life too much in the mean time