this post was submitted on 14 Nov 2024
50 points (89.1% liked)
Asklemmy
44125 readers
548 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes.
By Planning.
I didn't think it would work for the first 10 years. I just wanted to eat better cat food in retirement.
Pursuing higher paid jobs when I can. Changing jobs periodically. Pursuing higher pay until the pay asked for my soul. Then stepped back, changed jobs, and make way more for less.
Paying down debt when possible. Building up to a constant dollar figure of debit and investment per month. Growing that when I can. I now save 40%+ of my income.
Keeping my spending low by prioritizing my time on free things. Prioritizing the money I spend on high pact purchases.
Planning with 4% rule. Works out to needing 300 times your monthly spend in savings. Driving that number down. A $15 a month expense requires $4,500 invested to support.
A great market runup.
I am glad I did too. My friends are dying. One's 40's are rough.