[ryanSrich]

And it's not even that "easy". Say you make $1mm from the sale of some stock in a startup. First off, this is incredibly rare. Second, your take home is roughly $600k in the U.S. after federal and state taxes. So even $1mm doesn't get you much. Good luck starting a business with only $600k.

[toomuchtodo]

> Good luck starting a business with only $600k.

Some of the most popular, profitable YC startups (even just regular 'ol startups) were started on a fraction of $600k.

[dekervin]

There is a school of thought that argues that too much money at the initial stage is actually harmful.

[froindt]

At 600k you could work a job that covers your expenses only while investing the money, and have ballpark 1.2M in a decade. Another decade could put you around 2.4M. Saving just 10k/year would massively inflate these numbers.

I encourage you to think in terms of percents. The Trinity Study says you'll need about 25x your expenses saved. If you can lower your expenses by 5k/year, you can not only invest that money, but your target also lowered by 125k. That double whammy allows diligent savers to do very well and retire on a much shorter timeline than those spending 95%+ of their paycheck.