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by marktangotango
2399 days ago
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Define "few years". If we put some numbers and suppose after taxes and not living in their car or on the street, OP is able to save $150k a year. That would take just over 13 years to accumulate the $2M. A bit less if 7% annual total market returns continue. $70k is a modest investment income, definitely won't provide the lifestyle OP was enjoying during the accumulation phase. The games rigged; even a top earner like OP can't break into the lowest echelons of wealth and lifestyle by working for a living. |
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The only way to be free is to setup something that will cause an exponential growth in wealth. Usually that means starting a business, accumulating assets and then getting acquired.