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by hardcandy 3753 days ago
I don't know what you define as rich but if you can pull down $300k/year, keep your cost of living low, and save in a disciplined way, you will definitely retire with many millions of dollars in the bank. You will get rich slow, rather than get rich quick, which may be what you (and most other people) mean by 'getting rich'.
1 comments

It also seems possible that getting rich slowly may make you happier than getting rich quickly. There is a lot of evidence that suggests that happiness around money is very relative to your expectations (which are constantly adjusting). So if you get rich slowly you will get to enjoy long periods of relative increases before your expectations adjust to your reality. Unless you are under some kind of financial stress (where jumping as quickly as possibly over that boundary is fairly important) I would expect this to produce more happiness than a quick jump to financial freedom would.