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TopicIf you simply maxed out your 401k and did nothing else, u'd retire a millionaire
TheMaddenDude
02/26/24 10:26:34 AM
#16:


If you live in california for example, minimum wage will get you like 65k per year. You will have to live in a less expensive area, but there are plenty of nice areas that are not stupidly expensive. So with that 65k if you simply put in 10k per year into retirement, and live off 55k gross salary, you'll retire a multimillionaire.

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