21–30 of 349 posts
>Preamble: I'm extremely lucky. ... So what you're going to read is 99% luck and 1% planets alignment. I mean, that's pretty much it and he states it up front. If that's the crux, then why write about this other than to brag?
Million dollars ain't what it once was.
That checks #4, "Don't live in big cities"
Main differences vs. what the article says are: I've been working for the same company all these years, rather than chaining months-long contracts. Also (sadly?) I didn't invest most of my money, I simply saved it and bought a nice place this year almost upfront (had to get a mortgage for the taxes, basically). Also I've worked hard, very hard.
This strategy is good to make good money, I think. Often here in HN I see comments saying that you must hop from job to job in order to get raises, but if you stick long enough so that your knowledge is very valuable, the raises will keep coming.
Word of warning though: unless the company is remote-first you can forget about promotions, at least in my experience. It kinda hurts seeing how you've worked your ass off for a long time and despite making good money other people get promoted while you stick to the same role as when you joined.
Million dollars ain't what it once was.
Yep. It'll buy you a house, a nice start on your retirement, and maybe the ability to fund your kids education. But no more than that.
>Preamble: I'm extremely lucky. ... So what you're going to read is 99% luck and 1% planets alignment. I mean, that's pretty much it and he states it up front. If that's the crux, then why write about this other than to brag?
Million dollars ain't what it once was.
$1M in 30s? Congrats you won the game.
$1M in 40s? Congrats you are doing well.
> Take a $ 500-1000 / day, full-remote job > Take 2 months for holidays in-between contracts > Do this for 7 years while investing most of your salary in a diversified portfolio. Working $1000/day contracts for 5 days per week, 10 months per year is equivalent to $217K of contractor income per year. But contractor income is not comparable to normal career income because you have to handle additional taxes and health…
Million dollars ain't what it once was.
Receive a $1m windfall at age 35 in 2021: "Hot damn, I'll actually be able to retire at 65!"
> Work and self-actualisation can be rewarding and meaningful, but looking at the sea from an hammock and drinking too much beer with friends three times a week is also a completely respectable way of waiting for the gravitational swallowing of the planet. Part of wants to accept this from the author and the other part of me is wary. I didn't have a child because I wanted to be happy, I did it because I wanted a more…
>Preamble: I'm extremely lucky. ... So what you're going to read is 99% luck and 1% planets alignment. I mean, that's pretty much it and he states it up front. If that's the crux, then why write about this other than to brag?