A lot of people set end goals such as FIRE by certain age, but I almost never hear about smaller milestones, wonder if folks don’t even bother setting them? I set one milestone for myself during college, have net worth of $1M by the age of 30. Not that I had any ideas how to get there but I feel it was easier so far than thinking about grinding till 40-50 to earn enough to retire. Now looking back I realize that I hardly had any control over my own net worth growth: stocks and promotions are hard to predict anyway. How do you approach FIRE?
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1) focus on maximizing earned income
2) live below your means
3) invest early and often
Do those things and you will become a millionaire with plenty of time to spare.
Now true most of the things are not in your hands but you can make a educated decision of how to achieve your goals.
True in most cases there is also an element of luck which favors you but one thing that needs to be done is have a plan and stick to it.