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Posted on 4/2/21 at 5:55 pm to bigblake
quote:
It's not so much the earned income, rather the passive. I assume you're in your 20s or early 30s, and thus most of your income is earned through wages. Relying on earned income is more fraught than passive, hence why you don't feel like you're doing well. Hopefully you're investing 15-20% of that, so when you're in your 40s or 50s you are earning 100k+ in passive income.
Correct. Think a positive thing I have going for me is high savings rate (45% of gross) and not much of a desire for “stuff”.
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