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Americans with six-figure incomes are in 'survival mode'
(www.usatoday.com)
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And that’s basically it!
If you save a bunch early on from a big salary, you can kind of coast on a lower wage job (no longer making enough to contribute to your retirement funds, as much at least) until a normal retirement age.
The FIRE community refers to his as being Barrista FI (financially independent), due to, long ago, a few coffee shops having decent benefits before they went all union busting...