[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.