Living as a dev in a tech hub city, it seems like a software career has a rock star esque trajectory. Get paid a lot, TC goes up a lot in the first few years, then a ton of people burn out/transition to management/do consulting/switch careers/etc after a few years. What age do other devs plan to retire at? Do most people save aggressively hoping to quit before the usual age of ~65? Or are you planning to work 40+ years? Or not thinking that far ahead yet?
I want to retire as early as possible, but I think the math works out around 50 for me.
That gives me hope. Maybe Uber stock will recover by the time I’m 50! 🤠
I need $5M to retire. With 4% rule, I will be receiving 200K a year and can live off of that. It looks like I can FIRE at 40 years old. It doesn't mean that I will stop working, it just means that I CAN stop working.
Planning to have this whole thing buttoned up by 35 (7 more years). If I continue in this field it’ll be purely out of interest/boredom.
Same. Then I'll likely start an engineering firm at that point just because I do genuinely enjoy software engineering. Just not at these big tech companies.
That's really amazing. Can i ask your retirement plan? do you have a side thing or is it purely savings to support you for 50 years?