Hypothetically let me create a scenario and get some opinions. If you were just barely 30 making say... $300-400k/year on average debt free and approaching say $1m invested, what would your spending lifestyle look like? If that person (instead of doing wild things at 30) had a lifestyle expense of about $65k/year and just kept investing and saving the rest, is that TOO much saving? Because at this rate, the person would have $10m by retirement give or take warning about $800k in interest every year and that’s a conservative guess.
If you were in that position would you splurge more on random things?
October 26, 2018 at 08:15AM