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How to Retire Early By Age! (What FIRE Gets Wrong)

Money Guy Show

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Are You Thinking About Retiring at 65?

If you are a 20 year old and you're thinking about retiring at 65, let's assume that every year your salary goes up about a % and a half. By age 65, with this one and a half % increase, you actually finish your career making close to a hundred thousand dollars a year. This really does show the value of time, because also, but listen, if you did what we told youdo to save the 25 % of your gross income, you're going to have a hundred and 67 % of your what your income is as a retirement. Your oingto be debt free. You goin have all that paid off.

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