nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
Actually, saving/investing half your gross income from your very first job does work no matter what your income. Most people don't want to sacrifice to do that. Even someone who makes $40K, could live on $20K with kids. In the US there are folks who live on $20K with kids.
It's still a lot easier for someone like Nords or me who have high incomes and good benefits to save half of our income and retire early. If the yahoo piece was about someone earning $40k and retiring early I would have been impressed