How much should I contribute per year towards retirement?

[Buster]

dying with a shit ton of money is a bad plan.

[suntan]

Spending money when you're young is a bad idea.

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dying with a shit ton of money is a bad plan.

That's why I'm going to buy a boat.

[ExtraSlow]

TIL that I should have a $600k/yr salary.

[ercchry]

What’s wrong with the old fashioned way? Home values only go up, live pay cheque to pay cheque and wait till boomer parents die and you inherit all the retirement savings you need?

Plus, finding a hot girl with rich parents is way easier than finding a hot girl who earns

[kJUMP]

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dying with a shit ton of money is a bad plan.

Set up a Trust.

[suntan]

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What’s wrong with the old fashioned way? Home values only go up, live pay cheque to pay cheque and wait till boomer parents die and you inherit all the retirement savings you need?

This is literally the hope for many of the friends I mentioned with no savings.

Some were very disappointed at how not-deadly covid is.

[Masked Bandit]

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I gotta be quick to beat you to the smart stuff.

Managing your expenses is important, but revenue is critical.

This X 1000. If I knew at 20 what I know now all of my focus would have been on the ability to increase income to a much higher than average level.

[suntan]

600K is too much responsibility. What I make now I'm good with.

Hopefully we can sell the business for a few million.

[Masked Bandit]

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600K is too much responsibility

Why do you say that?

[Buster]

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TIL that I should have a $600k/yr salary.

Even with a beyond selection bias it would be statistically impossible for this to happen with regularity.

[89coupe]

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Even with a beyond selection bias it would be statistically impossible for this to happen with regularity.

For the lazy unmotivated for sure.

[suntan]

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Why do you say that?

For me. I don't need it.

[ercchry]

How many days off do I get for a $600k salary? Bonus structure?

[killramos]

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TIL that I should have a $600k/yr salary.

Should have invested more in yellow shirts. Or rich wives

[2Legit2Quit]

I thought everyone was just buying hundreds of dollars of lottery tickets every month as a retirement plan

[schurchill39]

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But ditch contracts to take 40% less as an employee.

After living both the employee and contractor/consultant life I 100% would take less to be an employee with company paid benefits and savings plans any day of the week. Currently on a contract role trying to find out who I have to blow to roll over into an employee.

[ExtraSlow]

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For the lazy unmotivated for sure.

You are a gem Brad.

[Buster]

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For the lazy unmotivated for sure.

No I mean the distribution of incomes in society does not allow for that to be valid advice.

[ercchry]

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No I mean the distribution of incomes in society does not allow for that to be valid advice.

Less pop, more studying and you really should be a Fortune 500 CEO by the time you’re suntan’s age

[suntan]

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Less pop, more studying and you really should be a Fortune 500 CEO by the time you’re suntan’s age

I obviously did the opposite.