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by aphextron 3059 days ago
>One of the pieces of advice I did not heed from my Dad was to try and save/invest 30% of your salary. This one is hard to understand until you are in your 40s and realise you are probably going to continue to work well into your 50s.

A single, healthy, 20 something SWE can easily save 60-70% and retire before age 40 if you really try. I’m right around 50% now. The key is getting over that mental hurdle to where you start enjoying saving more than spending. I feel infinitely more fulfilled seeing $1,000 in my bank account than anything an iPhone X could ever do for me.

2 comments

Exactly. If you don't need the new car, new house, etc. you can save a ton of money. You really only need a room and healthy food and enough clothes for the week. Everything else is "cashing in early"
You totally can do that if you hate fun
Or if you know how to have fun without just throwing money at the problem :P