Of course very few people earn $1.5M/year. That's my point -- the poster I was replying to was naively thinking they could just work hard for a tech company and save for 10 years and then live off the passive income of the saved investment, which is silly.
The rest of the numbers were conservative figures I chose. $5mm to retire, 20% saved while working, $150k/year passive income. The whole point is that what he's describing is pretty unrealistic.
Of course very few people earn $1.5M/year. That's my point -- the poster I was replying to was naively thinking they could just work hard for a tech company and save for 10 years and then live off the passive income of the saved investment, which is silly.
The rest of the numbers were conservative figures I chose. $5mm to retire, 20% saved while working, $150k/year passive income. The whole point is that what he's describing is pretty unrealistic.