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Reply to "Would you retire with a NW of $10m?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can people just tell me how federal employees can amass 10mm by mid 50s??[/quote] Repeating the question: how can federal employees amass such brokerage accounts ? Did you all invest in crypto at the right time, or we’re living below means since age 20? Even two earners at the highest grade won’t get you there by mid 50s [/quote] Two income family plus some combination of income & stock options from private sector jobs before/after becoming a fed, living under your means & inheritances. The cheat code is to become a Fed, rack up close to enough years to retire, go to the private sector and make $$ (but continue to live on your fed salary level), then go back to the federal government & retire with a pension and health benefits. [/quote]
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