LogFAQs > #930875747

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TopicHas anyone heard of financial independence?
LinkPizza
11/29/19 3:59:04 PM
#2:


I guess it works for some. Though, you have to have a good enough job to do it. Not everyone has a job like yours where they make 140K-200K. And definitely not right out of school for most. And depending on where they live, most of their money might go to other more important things. Not to mention some dont like living frugal if there is no reason to.

That being said, how long do you think itll take until you reach 30K passive a year? From the way you explained it, that means you need to save up $750,000 (3/4 of a million) to do that. And that seems like it would take a while...

It honestly sounds like a humble brag more than anything else...
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