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TopicHas anyone heard of financial independence?
LinkPizza
12/01/19 3:08:55 PM
#18:


blu posted...
But I'm not capable of FI because of my high income, but it does bring the date closer. I'm capable because of frugal habits and would arrive at FI ten years later if I didn't have a high income because compounding would take care of the work instead of direct investing.

I would say I got a high income job because I optimized for it. Googled "highest paying college majors" and chose two to pursue that looked the most interesting. Then Googled "highest paying jobs" and "highest paying graduate degrees" within those college majors and chose what looked like I'd enjoy the most and had the highest income for someone who was around 25th percentile (so even being below average I'd be high income). Spent time reading books about interview skills and social skills and practicing them (which was a really difficult transformation for me as the painfully shy and unsocial person I was in undergrad). I'd say I was conscious of luck affecting income and attempted to minimize the role that luck plays at each step.

Except without a high income, it justbsounds like a normal retirement like adjl said... You being able to reach it (and so soon) sounds like it is attributed to your high income. And many people (if in your situation instead of their own) could probably reach it much easier.

And most people try to minimize the role luck plays. But its not always up to them... Sometimes, thats what it comes down to. My best friend back home is a dental assistant. She went to get her hygienist license. To get the hygienist license is tough. Not because she doesnt know the stuff. But because you need patients. From what I heard, they use to supply the patients. Then something happened recently. And now they only have a few. If it were just getting anyone, that wouldnt be a problem. But they have to be certain types of people. People who are in certain age groups, people who have special needs, people with stage 3 Periodontitis (which some people dont know which stage they are at, if they even know they have it)... And multiply that by the amount of people in the class... The main reason people fail the class is because they dont have patients...
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