Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Living the Good Life on $24,000 a Year? Retire in Your 20’s or 30’s?
#31
So we are using the miracles of compound interest here and reinvestment. If you saved that 10k a year and reinvest you’d be doing real well in a decade. The problem is the average Joe lives in today and won’t make those sacrifices. I made those same sacrifices in my 20s and had enough to stop working by 30. It is very doable and inflation is making even easier.


Sent from my iPhone using DegreeForum.net
MA in progress
Certificate in the Study of Capitalism - University of Arkansas
BS, Business  Administration - Ashworth College
Certificates in Accounting & Finance 
BA, Regents Bachelor of Arts - West Virginia University
AAS & AGS
[-] The following 2 users Like videogamesrock's post:
  • LevelUP, uncapentin
Reply


Messages In This Thread
Living the Good Life on $24,000 a Year? Retire in Your 20’s or 30’s? - by videogamesrock - 03-20-2022, 09:02 PM

Possibly Related Threads...
Thread Author Replies Views Last Post
  Happy Holidays and New Year! bjcheung77 10 2,774 12-25-2025, 08:34 PM
Last Post: LevelUP
  Basic Program - Year 3 Autumn Charles Fout 0 924 10-05-2025, 10:51 AM
Last Post: Charles Fout
  Studying Medicine Later in Life dewisant 0 1,611 09-24-2025, 01:34 PM
Last Post: dewisant
  Lived in Western Washington for half of my life, now we live here. dewisant 8 2,896 05-01-2025, 04:34 AM
Last Post: studenttime
  RFK Jr Falsely Tells Senate "AI Nurse" Is "As Good As Any Doctor" Jonathan Whatley 1 1,523 01-30-2025, 12:22 PM
Last Post: NotJoeBiden
  OUTRAGE! - Attempt on President Trump's Life Charles Fout 34 22,767 01-05-2025, 07:14 PM
Last Post: DragonDF
  The Best Life Advice Thread natshar 10 6,181 05-14-2024, 10:35 AM
Last Post: bjcheung77
  HAPPY NEW YEAR 2024!!! LevelUP 2 1,570 01-01-2024, 09:10 AM
Last Post: Charles Fout
  Happy Mother's Day! Life is Good! Vanity Update Charles Fout 4 1,763 10-14-2023, 02:17 PM
Last Post: Charles Fout
  How I Saved $380K By Age 29 To Retire Early LevelUP 21 5,071 05-12-2023, 01:06 PM
Last Post: spohara

Forum Jump:


Users browsing this thread: 1 Guest(s)