Combine that with - imagine being outside when it's cold, windy and raining - and you still have to do an 8 hour shift in those conditions. At minimum, it sounds like a fast-track to arthritis (a painful and non-curable condition that will plague you for the rest of your life). Or, imagine doing hard, physical labor for 8 hours in sweltering heat, which makes other human people avoid going out at all.
Heck you could do it in 5 years if you are a FAANG employee.
Because if you start a career at 22, that means you retire at 27, and have to have enough saved up for something like 40 years before social security kicks in. That’s a long time to be living off of savings. Can you have enough that you can live off the interest in your investments? Depends. You’d need near-zero-risk investments because you don’t want to get wiped out at the next recession (they happen every 10-ish years) and those tend to have low yields.
Source: I’m 10 years into a faang and I have a bunch saved up, but I’m still in my 30s. There’s no way I could retire now with my wife and kids depending on me, the amount I make on the interest of my investments isn’t nearly enough and is too risky.
Of course there is never a guarantee.
What happens in 20-25 years, if you’re 35 now? Your net worth hits zero right when you turn 55-60, and have years left until you get social security? All so that you can live with zero luxuries for the best years of your life, and have no family to pass anything onto?
I’m sorry but it just seems like a huge misplacement of priorities to me, to forego so much potential to retire that early.
To me, the priority is the ability to simply say “fuck off” to my boss if I’ve had enough one day, and have enough saved up to absorb the mistake, if it turned out to be one. Having that fallback in the back of my mind means I’ve basically already won, I’m just racking up the score until that day comes. But until that day, there’s zero reason not to continue banking everything I have. Deciding “that’s probably enough, I should walk away now” at age 35 seems like one of the biggest mistakes you can make. 50? Maybe. 45? Maybe not. But 35? Huge mistake IMO.
Let's say I'm wrong, and it's more like 15-18 years. Well, that's still much much much better than what most people get. You can have decades of your life back. How much of your freedom are toys and consumption worth?
