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Solais

Bronze Contributor
Read Millionaire Fastlane
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Sep 14, 2018
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Xeon

All Cars Kneel Before Pagani.
Read Millionaire Fastlane
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Sep 3, 2017
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Save all your monthly salary and not spend a single dime so that you can retire in your 80s as a millionaire!
 

PizzaOnTheRoof

Moving Forward
FASTLANE INSIDER
I've Read Rat-Race Escape!
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• By age 30: Have the equivalent of your starting salary saved
• By age 35: Have two times your salary saved
• By age 40: Have three times your salary saved
• By age 45: Have four times your salary saved
• By age 50: Have six times your salary saved
• By age 55: Have seven times your salary saved
• By age 60: Have eight times your salary saved
• By age 67: Have 10 times your salary saved
Gotta love these arbitrary numbers they pull out of nowhere. What if you’re making $35k a year as a technician?

“Oh but if you can live off $35k/year then retirement will be a breeze!”

...Please...

Even if you save this magical 10x salary at $100k/year, you still have only $1M to retire on!?!?!

Instead of save! save! save!, Why don’t these people use their hard earned $$$ to buy something that will 3x that amount?

Literally a $200 Craigslist lawnmower can make you $1k mowing lawns over a summer. How does a 500% ROI sound?

But the FIRE Fandom loves to brag about their 7% YEARLY S&P 500 gains...smh
 

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