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Comment by bjourne

5 days ago

Statistics! Can a person below the median income afford to retire early? The answer is a resounding no. Can a person the top 10th percentile (upper middle class) afford to retire early? Yes.

25 comments

bjourne

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raw_anon_1111  5 days ago

https://dqydj.com/household-income-percentile-calculator/

So the top 10% is a household income of $250K and most of those couples didn’t reach that until their 40s. They aren’t making $225K as an L5 at 25 years old like a former intern/new grad I mentored when I was at BigTech

Most software developers won’t even see above $160K inflation adjusted during their career. Most work in second tier cities in the “enterprise”z.

heathrow83829  5 days ago

there are still tribes in the amazon that have very little money, like the hazda. they may not call it retirement but they don't need to go to the office everyday.

Serious question, what makes us so addicted and dependent to money that we can't imagine any way of life without a lot of it?

  • mathgladiator  5 days ago

    People play dumb status games.

    Here is the crazy thing, I went carnivore after I retired because one thread that worried me about shitty insurance is the risk. Now, I'm pretty sure if I only eat meat and work-out, then I might not even need insurance. Like, my labs are phenomenal.

    By taking away the fear and the addiction, I've got a level of calm and control of my life that makes me realize the "modern world" is deeply sick.

  • triceratops  4 days ago

    The Hazda live in Tanzania, not the Amazon. And they grow up learning to live the way they do. They'd be as lost in our world as we'd be in theirs.