Education! Teach kids young so they don’t have to do it the extra hard way. Husband and I are about to hit those numbers, but only because at 18 he knew what to do. When I met him at 22 he had 2 retirement accounts already! It caught my attention. I was a more typical and reckless 22 year old, and here was this dude taking shit seriously. We kept our expenses relatively low, but it was definitely more about consistently putting away that %. I worked multiple part time jobs and he always had a full time one. Had kids young (that’s why I worked part time), and studen loans and a roomate for the first couple years. Education! Education will save you a lot of back pain in the future.
Edit: and luck! Thid wouldn’t have worked if either of us had gotten seriously ill or died. And we were also lucky the kids have beem healthy and we had access to public school. And that no one got laid off at a pivotal time.
Education! Teach kids young so they don’t have to do it the extra hard way. Husband and I are about to hit those numbers, but only because at 18 he knew what to do. When I met him at 22 he had 2 retirement accounts already! It caught my attention. I was a more typical and reckless 22 year old, and here was this dude taking shit seriously. We kept our expenses relatively low, but it was definitely more about consistently putting away that %. I worked multiple part time jobs and he always had a full time one. Had kids young (that’s why I worked part time), and studen loans and a roomate for the first couple years. Education! Education will save you a lot of back pain in the future.
Edit: and luck! Thid wouldn’t have worked if either of us had gotten seriously ill or died. And we were also lucky the kids have beem healthy and we had access to public school. And that no one got laid off at a pivotal time.