[cwbriscoe]

I haven't got to 10m yet, but I saved 70-80% of my take home pay since ~2008 and I have enough to quit at any time and live the rest of my life without working. That is just by investing in the 3-fund portfolio and without the crazy SF salaries.

[raw_anon_1111]

No one knows you here. Give some real numbers. How much are you paying for housing? What’s your gross pay?

[cwbriscoe]

Numbers don't matter. If you can save 80% of your paycheck for 15-20 years and you invest it wisely, you are FI on the 4% rule.

[raw_anon_1111]

So exactly how do you save 80% off of $175K and live off of $30K a year? Especially considering everything above your 401K max is post tax?

That’s only twice the minimum wage and even in Atlanta they are offering cashiers at McDonalds more than that.

[cwbriscoe]

Before Covid, I lived on about 25K a year since I had a paid off condo then. Now, I am renting and live on around 36K a year. I realize my situation doesn't work for everyone. Some people cannot fathom not buying a new phone and computer every year and a new car every 3 years.

Also, now, I am fully working from home so that helps with saving on gas and not eating out as much. I make my coffee every morning instead of Starbucks on the way to work and I make my own lunch and dinner 95% of the time.

[raw_anon_1111]

We aren’t talking about buying a new phone. We are talking about buying a place to live and food to eat.

What is the average rent where you live for a one bedroom? What is the tech hiring seen like?

Do you have kids?

[cwbriscoe]

No kids, rent is $1800 a month for a 1 bedroom. I could rent the same for cheaper but I like this place. I'm in Washington State, Software Devs make decent money where I am but not SF wages. I make good money but nowhere near the top. I have an easy job, WFH and rarely work over 40 a week.