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by brianwawok
4123 days ago
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It has a HUGE impact. The MMM lifestyle is something like 25-30k to live. If you make 50k.. you can save at most 20-25k, taking (10-15 years to retire, would need to do math). if you make 200k, you can save 150-175k, reaching retirement in 2-3 years. The "higher income -> higher lifestyle" is a myth MMM tries hard to dispel. You don't NEED newer cars because you make more money. You don't NEED a bigger house. Sure you can choose those things... |
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Which leads you back to scaling everything up to the number you are willing to you are comfortable with.