Most people can actually retire early. Really early. Like in the next 10-15 years early.
So, why don't more people do it?
It requires great sacrifice (a massive savings rate).
Most financial advisors tell us that a 10-15% savings rate is healthy. But what happens if we increased that and lived on significantly less?
Many FIRE movement people have savings rate that are closer to 50-90% of their take-home pay. This means they effectively live on 10-50% of their income (very far below their means).
The benefit? They can all basically retire in the 10-15 years.
And you can do the same.
#TheMillionImpactMission