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A comment on If You’re So Successful, Why Are You Still Working 70 Hours a Week?. Parent comment

Re:If You’re So Successful, Why Are You Still Working 70 Hou... by pb7 on Wednesday September 08, 2021 @02:15PM (#28461016)
$1M at 30 without any further contributions will be worth (after inflation) nearly $4M at 50, and nearly $8M at 60.

If you're not "comfortable" spending every single penny you make while your nest egg grows, you have a spending problem.

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Re:If You’re So Successful, Why Are You Still Working 70 Hou... by bcrosby95 on Wednesday September 08, 2021 @02:35PM (#28461274)
> that will last you the rest of your life by your 40s seems like a good trade-off.

I read that to mean "retire at 40". If you retire at 40, your $1M isn't going to grow to $4M at 50.

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Re:If You’re So Successful, Why Are You Still Working 70 Hou... by mgkimsal on Wednesday September 08, 2021 @06:05PM (#28463630)
sure but if you keep spending moderate, it may grow to $2.5M-$3M, as it would probably already be around $2M in those 10 years. Instead of $8M at 60, perhaps you've spent along the way and only end up with $3M at 60?
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