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Decided to payoff my mortgage.
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Any insights on Deloitte’s TS&A group?
Motivation to work: non existent. 🙂🙃
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Leaving after one year to another biglaw firm?
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Coach
1. Marry someone who makes the same amount as you
2. Don’t buy stupid things
3. Retire
Coach
Me too.
Subject Expert
Don’t have kids (they’re awesome but you aren’t retiring by 45 with them), ignore status symbol BS, invest in multiple income producing streams.
Or…have kids, enjoy your life and retire later. But still be smart with your money. No one with a brain cares about your car, shoes, clothes, watch, house or any number of status symbols.
I have kids already lol so I guess I’m out.
Enthusiast
Generational wealth.
Subject Expert
I made it by 55. Does that count?
Coach
This is awesome, thank you for the detailed reply! I will start with a book 🤣
Mentor
Work in house at late stage tech companies!
Coach
Marry someone with money or who will get a lot of it. No kids. Those are the easiest ways. Also possible to get there otherwise but it is a lot harder as the sole breadwinner and with kids.
Totally agree - hard to build wealth with kids or a partner who doesn’t make a good salary. Retirement at 45 not a problem with two big law salaries. You can have a very comfortable life on 3/4 of one big law salary and invest the rest.
Join the financial independence bowl.
Costs down + smart investing = retire early.
Dumb luck.
Mentor
Save 3m, invest in multifamily homes, should net you around 150-200k a year in passive income. Or buy market tracking ETFs and don't be greedy.
(1) two incomes
(2) no kids
(3) profit!