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by tsunamifury 3223 days ago
Whats the point of dying with $10m?

What I meant is, if you are doing well you can both have nice place to live AND save. You aren't not doing well if you have to pick one or the other. Many techies seem to misunderstand their actual relative wealth in the area. Below $250k/y is lower middle, 500K/y+ is middle and 1M/y+ is upper. But everyone acts like their 300k/y makes them pocket rich while they live in a hovel.

2 comments

1.) Not ever having to worry about not having enough money.

2.) Living knowing that you produced more than you consumed.

3.) Passing it on to your kids.

Anyway, from personal experience - living below your means doesn't mean deprivation. It means deciding what you actually want and not buying into all of the messages society sends you about what you should want. Usually you can get what you actually want for a small fraction of a tech-worker's salary, and then once you do that, why give the rest to somebody else?

Save a lot and retire comfortably somewhere else after 8-10 years?