Tech workers who are engineering a mid-30s retirement

Re:Tech workers who are engineering a mid-30s retirement by dgacmu on Monday April 23, 2018 @05:46PM (#16907751)

You're way undercounting the effects of growth. It's 342k/year saved at 8% growth: http://www.angio.net/finance/calc.html

(See the one for regular contribution required for target).

8% before inflation is reasonable historically for 25 years.

You still need a 400k+ salary to do it, but that's not out of reach in the Bay area, particularly for a couple.

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Re:Tech workers who are engineering a mid-30s retirement by bradlys on Monday April 23, 2018 @06:21PM (#16908024)

Over $600k yearly comp required still. Tax on $600k income puts you near $330k in California.

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