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Originally Posted by genuinegirly
The goal is to invest more than half of my income for the next twenty-five years, to no longer depend upon a steady income age 50.
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That's very aggressive. I would contend that this will be difficult with an annual income of less than $90 000 per year and impossible with an annual income of less than $60 000 per year, unless you plan on living
very poorly or being single for your entire life and never having a family.
I already do live simply and am comfortable on an income of $20 000 per year. I plan on getting an education and advancing into a proper career path in the near future, at which time I will hopefully be able to bring that up; should I ever pass from the noble bachelor ranks I expect to require a family income of at least $50 000 and preferably closer to $100 000 per year, and will need to accommodate that.
I honestly haven't even considered retirement planning at this point. Thinking that far into the future is one of the many luxuries my simple lifestyle does not afford me.