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TopicIf you won the powerball would it solve all your problems?
LinkPizza
04/17/20 5:41:54 PM
#48:


blu posted...
I do believe most people can and that Im actually behind on overall money earning from spending extra time in school. I can retire about the same age as as someone who studied dental hygiene and started working at 20, as opposed to doing an additional 7+ years of education/training.

I mean, almost anyone (but not everyone) can go learn a trade and be a dental hygienist, electrician, welder, plumber, engineer, programmer, nurse and be making 60k by early 20s (and 100k+ in 30s depending on which you choose is achievable, though not needed to retire early). Not really lofty goals, and the path is straightforward. If work isnt in your area...move.

Obviously some people have medical issues or disability and cant move, but disability is not the standard.

Even someone making 30k can invest 10-15k a year and retire at 40-50yrs, but thats kinda a more extreme path and it would be better to focus on increasing income.

Sure. People can learn a skill and do that. But not everyone. Not even almost everyone. If everyone did that, those jobs would be overfilled with people. Meaning that most of those jobs would either start paying less (not in as much demand anymore), and people wouldn't be able to get them as there would be no open spots (or they wouldn't be open for long). That being said, it's not as easy to save, either. How much a person can save, if they can save, depends on a lot of things. How much money they make is one thing, but you have to consider how much they spend. Like on a house, and other necessities. And how big their family is. And that stuff changes with the area they live in. But that can also change how much they make.

And even then, saving can only go so far sometimes. I know plenty of people on base who save a good amount. Usually because they're married mil-to-mil. And even then, it would take a lot to save the amount you're talking about saving. Well, without living a shitty life, that is... If they want to live in a cardboard box and only eat ramen for a while, they could save faster. But most normal people don't want to live a shit life for however many years to have a better one when they're old and about to die...
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