Hey all,
Has anyone seen the above blog? Not sure if we're allowed to post about other blogs on here without directly linking so apologize if so. I was curious if anyone had any thoughts on the blog.
The lady mentions she was able to retire at 28 with $2.25mm after about 7 years of work. She was working a high finance investment job in NYC but even so this seems to be a ton of money. Must be a really unusual case because I did some calculations based on SP500 returns and she would have had to been making an enormous amount when you take into account she was still spending ~24k a year and then NYC taxes.
She would have been making much more than your typical IBD analyst/associate so just wanted to hear you guys thoughts. Maybe she was a trader I suppose or started right off on the buyside at a hedge fund / private equity but maybe you guys can figure it out.
I asked her for a play by play but she said she is still contemplating if she'll do a post on it. I would think it is the only way to see how it was accomplished given such a large amount at a young age. Much more and younger than MMM for example who retired at 30 as many of you know. It just doesn't leave much time to compound by 28 which makes it so interesting and thus is probably a revenue story.
Has anyone seen the above blog? Not sure if we're allowed to post about other blogs on here without directly linking so apologize if so. I was curious if anyone had any thoughts on the blog.
The lady mentions she was able to retire at 28 with $2.25mm after about 7 years of work. She was working a high finance investment job in NYC but even so this seems to be a ton of money. Must be a really unusual case because I did some calculations based on SP500 returns and she would have had to been making an enormous amount when you take into account she was still spending ~24k a year and then NYC taxes.
She would have been making much more than your typical IBD analyst/associate so just wanted to hear you guys thoughts. Maybe she was a trader I suppose or started right off on the buyside at a hedge fund / private equity but maybe you guys can figure it out.
I asked her for a play by play but she said she is still contemplating if she'll do a post on it. I would think it is the only way to see how it was accomplished given such a large amount at a young age. Much more and younger than MMM for example who retired at 30 as many of you know. It just doesn't leave much time to compound by 28 which makes it so interesting and thus is probably a revenue story.