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by scott_karana
3882 days ago
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The author is pretty clear. > And don’t forget about the importance of compound interest. I will remind you that $2k per month saved on rent for one year is $24k. Invested for 50 years averaging 6% interest comes to roughly $450k. Freedom. HTFU. $450K towards retirement for one year of living in cramped, expensive SF sounds like it could be a reasonable payoff for many people. |
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