I’m curious on how you plan to retire at 50. Doing that where I live means you basically get no pension so you’d have to have saved up enough to live the rest of your life during those 27 years, so a bit over half your income would need to go into a savings account.
Look up “FIRE” for “financial independence, retire early.”
tl;dr - save a larger chunk of your salary and invest it become part of the owner class, living off the interest, dividends, and capital gains surplus value generated by the working class.
I’m curious on how you plan to retire at 50. Doing that where I live means you basically get no pension so you’d have to have saved up enough to live the rest of your life during those 27 years, so a bit over half your income would need to go into a savings account.
Look up “FIRE” for “financial independence, retire early.”
tl;dr - save a larger chunk of your salary and
invest itbecome part of the owner class, living off theinterest, dividends, and capital gainssurplus value generated by the working class.