‘50% Rule’ Revisited

Image Credit: Pixabay

Monday’s post about retirement benchmarks by age generated a lot of discussion. I think we all agree that few Americans have the sense to challenge our dubious cultural assumptions when it comes to personal finance.

It also caused me to look back on this post from 2017 when I did the math on how quickly one could retire by saving HALF of their income ….

Related: 50% Rule to Retire In 20 Years

I still hear from some of those newly-minted MBA hires that I mentioned in that post – more than 5 years later. Several remain Mr. Fire Station readers and drop me a note now and then to let me know how they are doing. I

t’s great to think that my Quixotic early FIRE escape from MegaCorp stuck with some of them and encouraged them to plan for the same.


6 thoughts on “‘50% Rule’ Revisited

  1. This is definitely motivating to know that I’m saving enough and on the right track to early retirement. Currently saving a bit more than 50% so hopefully that’ll accelerate the journey a bit!

    Liked by 1 person

    1. That’s great! As Einstein supposedly said, “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”


  2. Chief, My just turned 25 YO son who I have been working with to setup a portfolio of growing dividends and has a $26K account from nothing over the past year, told me yesterday evening that he plans to retire at age 50. He has consciously decided to become FIRE. 25 years is well within the range being considered.

    Liked by 1 person

    1. Yeah – my 24 year old son is aggressively going after FIRE, too. Seeing me goof off all day while he is working has likely been a good motivator! 😉

      Liked by 1 person

      1. The money that our sons are investing at their early age will be the bulk of their holdings 20 years from now, because the funds will have more time for the magic of compounding to work. We are giving them a positive example that contradicts what many of their friends are seeing in their home. Avoid the trap of giving up the opportunity to become wealthy because of too much focus on trying to appear wealthy.

        Liked by 1 person

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