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re: Anyone retire early early?
Posted on 5/14/24 at 7:44 am to GREENHEAD22
Posted on 5/14/24 at 7:44 am to GREENHEAD22
From the math I’ve done, dual income with both high earning W-2 employees still makes it possible. Think fields like higher paying engineering, CPAs, medical professionals. Still it takes very intentional saving and some blind faith especially early on. I do think it’s getting tougher, mostly because of all the expensive temptations out there now. Delayed gratification seems all the more costly/risky.
1
Posted on 5/14/24 at 10:36 pm to turkish
Couple where each earn around $200K can really start stacking the savings, especially once you have a nest egg working for you.
Charlie Munger had the quote of “do whatever it takes to get $100K in savings”…how large number compound on one another is the key, especially if you can hit that as early in your 20s as possible.
Charlie Munger had the quote of “do whatever it takes to get $100K in savings”…how large number compound on one another is the key, especially if you can hit that as early in your 20s as possible.
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