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All it takes is 10-20 years of saving 30+% of your income. Most people balk at that savings rate, but anything white collar pays enough to have that sort of savings if you are willing to life a more modest lifestyle than your socioeconomic peers.

10 years later the interest you earn on it will be more than the 30% you are putting in.



It helps if you have entertainment/activitys that are solitary, cheap and infinite.

Games, books, whatever occupy you without draining resources.


>10 years later the interest you earn on it will be more than the 30% you are putting in.

How?

5% interest, $1,000 monthly injections, compounded monthly over 10 years. $120k in deposits, $36k in interest.


That was automatic for most people not so long ago, at the time house were bought on 10-20 years mortgages.




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