Quote:
Originally Posted by Cruz chic
I was making about $15 k a year when I was 22. That was good money back then when we rode around in stagecoaches.
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Fair enough. For a 22 year old right now 30k is our soon-to-be minimum wage.
I would suggest that at any income level, saving 10% of salary and investing it reasonably (and in days of yore interest rates were higher giving you a chance at a better return) would have a person ending up being able to replace their full income by the time they reach retirement age.