#RetireBefore30 - Deepstash

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#RetireBefore30

#RetireBefore30

  • A growing online community championing quitting work before the age of 65 has emerged with hashtags like #EarlyRetirement, #RetireBefore30, and #FinancialIndependence.
  • The movement built on aggressive saving, investment, and frugality has found a new audience - and come up with new strategies for piling up cash.
  • You need to reach a net worth 25 times your annual cost of living to theoretically live off your savings for the rest of your life.
  • If you can bump up your savings and increase your income, you could get there even faster.

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MORE IDEAS FROM THE SAME ARTICLE

  • College degree, no student debt.
  • Partner to share expenses.
  • No children or relatives to care for.
  • Access to health care.
  • Choice of where to live.
  • But all of this comes at a price.

  • People underestimate the length of their life.
  • Nursing homes and retirement communities are exorbitantly expensive.
  • Health care costs more as you age.
  • Family planning is difficult to predict.
  • Access to premium Medicare and pension funds depends on the number o...

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