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Yawn

Solais

Bronze Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
Sep 14, 2018
100
195

Xeon

All Cars Kneel Before Pagani.
Read Fastlane!
Read Unscripted!
Speedway Pass
Sep 3, 2017
2,143
4,154
Singapore
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
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Speedway Pass
Jul 30, 2018
1,218
2,633
Texas
• 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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