Sadly, also hyper-unrealistic. Very few people can afford to save 20% of their income whilst maxing pension contributions, let alone maximising other accounts.
Points 1, 3 and 5 are probably the key ones and would still stretch most people.
Points 1, 3 and 5 are probably the key ones and would still stretch most people.
Oh, and don't get married.
It's actually more exciting if you limit yourself and enjoy the struggle of trying to hit a high target. For example, moving to Mexico and trying to live on $3k a month. I did that a few years ago, it was awesome and I saved a lot of money.
Whether they save or not is another matter. Something like 30% of Americans don’t save a significant fraction of their income even though the data clearly indicates it is easy to do so.