Quote:
Originally Posted by yads
Increasing contributions by 10% per year? Sorry Slava, how is this at all realistic?
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If you make $80000 a year and get a 3% raise that is a $2400 raise for the second year when your $5000 contribution only needs to go up by $500.
Plus, I keep telling myself that by 35 I will own most of the things that I want to own so my expenses should start to go down every year after that as I merely have to replace things and not acquire more stuff. That's how it works right? Life starts getting cheaper at 35.