It was either 5 or 6 match into vanguard, which is ok but not great. I saved 105% of my income for a couple years as they paid for all my living expenses including food, although I went shopping to get groceries and cooked for them. Also this was not the tech industry…
I carpooled to work so that was also free. The only thing I spent money on was a couple new iphones and alcohol/dates/entertainment, which was paid with through churning maaaany credit cards.
I’m very grateful for that, and would show them my retirement account every once in awhile to prove that I wasn’t blowing my paycheck on stupid stuff.
The only real problem is that it didn’t really work because housing prices have increased much faster than the market so now I need like 1-1.5MM if I ever want to buy a decent house by Seattle and don’t really have that.
Basically FIRE approach doesn't work in the really expensive parts of the country. You need to be putting a large portion of $$$ income into housing which is not a diversified asset. We are getting 18% YOY growth now, but will not get it for the next 30 years.
I carpooled to work so that was also free. The only thing I spent money on was a couple new iphones and alcohol/dates/entertainment, which was paid with through churning maaaany credit cards.
I’m very grateful for that, and would show them my retirement account every once in awhile to prove that I wasn’t blowing my paycheck on stupid stuff.
The only real problem is that it didn’t really work because housing prices have increased much faster than the market so now I need like 1-1.5MM if I ever want to buy a decent house by Seattle and don’t really have that.