Posted on 07/24/2022 7:35:23 PM PDT by HereInTheHeartland
"I will remember December 23, 2016 for the rest of my life. It was my last day working a full-time job.
My wife and I retired early at 33 and 35, respectively, after accumulating $870,000 working in information technology. With the help of the market, our net worth increased to $1 million shortly after."
(Excerpt) Read more at cnbc.com ...
“...Some good practical advice ...”
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What is it?
“What is it?“
All of it.
You have to read the article
And the Bidenomics took it all away...
“...You have to read the article...”
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No.
I don’t.
That is what your “summary” is supposed to be for.
I see that you are one of those:
“Oh, look what I found on the internet” type of people.
No, thanks!
14. Dedicate 20% of your paycheck or more to retirement fund. Work up to it. Start maybe at 6-8% and add two percent more each year. Divert 50% of your annual raise or bonus into savings. It works.
“Some good practical advice”
You can’t retire on $1 million. And that was an uptick in the market.
He used to drink at a lot more expensive joints than I did.
“13. I stopped going to the bar.
Early in my career, I often went to the bar with coworkers. Each trip, I would spend $70 to $100 for the privilege of drinking. Over a month, my bar habit drained my wallet of $350 to $400. “
Really! It better end with him buying a farm. Not much is going to make it thru Biden’s economy.
Only 1 million at age 35 and married doesn’t sound too promising, in any event. Maybe they plan to sell children.
If you're too lazy to read the article, you're too lazy to follow the advice contained in the article.
“That is what your “summary” is supposed to be for.”
You are lazy and simply want to pick a fight.
Go away.
And you can’t build a home gym for $10K either. This sounds like a made up story.
Yeah, Right all while inflation is really 30-35% not 9.1% like brandonomics claims.
Wife and I do just fine and not even have that much but everything we have is paid for, House, farm, vehicles, etc.
lazy you are
Retiring at 35 on a million? Hmmm....Assuming he lives another 40 years, he would only have $25K to spend a year discounting what he would make from that million, and considering the Biden economic Holocaust going on right now I would assume that million is now a lot less. I would not retire at all on that especially now with the country under domestic enemy occupation.
I hope I will do fine, too. Same scenario as you, but I’m a little older than 35.
Insane inflation and shortages are making me worried, though.
“You can’t retire on $1 million. And that was an uptick in the market.“
A lot of good advice in the article but I think it’s missing something as well.
He didn’t have enough saved when he retired, unless there is another income stream that isn’t mentioned .
Get out of the internet matrix and get a real life.
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