Right now, I’m twenty years old. I am willing to take a large percentage off the top of my salary for the rest of my working life in order to be able to retire very young and live off of the proceeds of my investments and do volunteer work. How many years would I have to work if I saved 20% of my income?
I haven’t checked the maths, but
The Simple Dollar reckons the answer is that he could retire at 41, or 43 if he wanted to give himself a 4% increase each year to cover inflation.
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