> how can you claim this with a straight face (in terms of low variance)?
Because I’ve been following tech salaries for 10+ years. If you can’t retire early (before 65) after making 150k+/year for 20+ years, you’re rather living way beyond your means or have very high expectations for what a normal person retirement looks like.
edit: or I guess in America it means you had a medical scare or two that burned all your money. But that’s not a problem anywhere else and has little to do with the maths behind savings. Tech incomes come with decent insurance at least
Though what you say is technically true, most people I know don't have the mindset to save and invest for the long term. Many people making six figures live paycheck to paycheck. They spend every dollar they make, and then some.
If we had better financial education in America, early retirement would be much more common.
Because I’ve been following tech salaries for 10+ years. If you can’t retire early (before 65) after making 150k+/year for 20+ years, you’re rather living way beyond your means or have very high expectations for what a normal person retirement looks like.
edit: or I guess in America it means you had a medical scare or two that burned all your money. But that’s not a problem anywhere else and has little to do with the maths behind savings. Tech incomes come with decent insurance at least