Quote:
Originally Posted by darklord700
Year 1 Salary 58K Stash 5K
Year 2 Salary 58K Stash 18K (23K)
Year 3 Salary 67K Stash 44K (67K)
Year 4 Salary 127K Stash 83K (150K) – Girlfriend started working
Year 5 Salary 160K Stash 100K (250K)
Year 6 Salary 165K Stash 115K (365K)
Year 7 Salary 165K Stash 125K (490K)
Year 8 Salary 195K Stash 110K (600K) – Works 4 day week (20% paycut)
Year 9 Salary 110K Stash 120K (720K) – Quit Full Time Work
I organized Mr. Moushtash's timeline a bit above. The stash numbers I supposed are portfolio growth plus savings and the numbers in brackets are cumulative networth.
Say for year 3, salary was 67K before tax but savings and growth (based on a 23K portfolio) amounted to 44K. I find it these numbers hard to reconcile or duplicate.
I think milliondollarjourney a better guidline as the author detailes the savings and investment strategy every month.
|
I have the same issue with the numbers. It gets better if he was investing the money in Canada. He was being paid in USD, but the exchange rate during the late 90's/early 2000's was 40%+. Not sure if he could do that, but its a thought.