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Would you retire at 30 and live frugally? (lemmy.world)
submitted 1 year ago by to c/asklemmy@lemmy.world
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If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

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[–] 1 point 1 year ago

Probably not.

  1. I can't be certain that these earnings will cover even 10% of my expenses for a lifetime, because you never know.
  2. I feel too young to make such a drastic decision that will tremendously limit my future.
  3. I prefer enjoyable work with a healthy work-life-balance over not working at all.

If anything, I'd take more risks and sacrifices to get a more fulfilling work experience.

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