How to retire by the age of 30

To retire by the age of 30, you have to pursue a life of minimalism.

This means changing your outlook on life and adjusting the stuff that you want.

The most important thing you want is your time and freedom. What this means is that you don't want to have to work (W-2 employee) anymore.

This means that there are certain things in life that you must avoid.

1. Having children
2. Getting married
3. Homeownership
4. Higher education
5. Car ownership


You want to avoid this stuff because all this stuff requires money. Money requires work. And work sucks.

By avoiding a family, marriage, children, homeownership, higher education, and car ownership, you avoid

1. The costs of raising children
2. The costs of marriage and the risk of divorce (losing your property)
3. Mortgage, rent, utilities, property tax
4. Student loan debt
5. gas, insurance, maintenance for cars

Living a life of minimalism may be too extreme for most people.
This philosophy is going to be most helpful to people that just absolutely hate working.

Remember that getting all the stuff listed above is a trade off. Houses cost money. Earning money costs your freedom.

Maybe you don't want to live with your parents until you are 40. That's okay, you can forgo having children or getting married and still live a life of comfort. You will have to make more money over your lifetime though.

However, if you decide to forgo all of it, it is very much possible to keep your annual living expenses to about $2000 per year.

It is possible to earn more than $2000 per year by doing nothing. The only problem is that you need to have about $100,000 first.

------------ is a bank that still offers CDs that offer an APY of 2.3% per year.

$100,000 would yield $2,300 per year.

The tricky thing getting that $100,000 before the age of 30.

This isn't impossible. Anybody can do it with enough drive, motivation, hard work, and discipline.
However, getting that $100,000 requires avoiding most the stuff I listed above.

In an earlier post, I did some calculations. If a 18 year old kid avoids college and does the following

1. Work a minimum wage job for $7.50 an hour for 40 hours a week for 4 years straight
2. Finds a work site where he can walk or bike to
3. Live with his parents to keep his annual expenses down to $4080 per year

By the age of 22, the kid would have had $42,720 saved in his bank account.

To get this process done even faster, the kid could drop out of high school at the age of 16. He could try to work 50 hours each week. He could try to keep his expenses down to $2000 a year.


At what every age you reach $100,000, you can throw that money into a 2.30% CD to earn $2,300 per year.

You can maintain your life of minimalism living only for yourself. At that point, you can choose to keep making money. But the magical thing is that you won't be dependent on being a W-2 wage slave.

This is just a general strategy. It is no guarantee. There is no guarantee that ------------- will consistently have an APY of 2.30%. The product itself is FDIC insured so there is no risk of losing your principle. There is a risk however if the dollar collapses and your CD becomes worthless.