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Right. I make $360k a year, and just living in a decent apartment already eats up 24% of my after tax income. Sure, if I had roommates and lived in a basic apartment, I could cut that down to 12%. Point being, it's hard to get by on only another 3%, and I'm making pretty okay money...



We are at roughly the same compensation. If you save 60k a year vs 120k a year, the time it takes to own a house is cut in half, the rent and interest bleed stops twice as fast.

Now you're saving 180k a year by reducing bleed even though your expenses are the same, etc etc. Compound finance is a helluva drug


Heck, if you save 120K per year and work for 2 years, you can basically retire to places like Thailand and live like a king.


On $250k in investments, you could only sustainably withdraw $10k per year. That's not even $1k per month. That's upper middle class in Thialand, which is not exactly kingly.


Yeah but you're living like upper middle class in Thailand at age 24 with no responsibilities in OP's scenario.


Ok, fair enough, not a king. To me it'd be kingly, but I guess I feel like a king quite quickly.

Just me? Ah, alright.


Pretty okay...cmon buddy.




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