A quick note to recommend episode 152 of the Radical Personal Finance podcast on Measuring Your Biggest Asset: The Lifetime Value Of Your Income, in which Joshua Sheats invites us to consider the expected value of your life’s income, to realize that we're already rich.
The three primary levers to push are:
- The higher your starting income, the better.
- The higher the annual increase, the better.
- The more years of income, the better.
Read the show notes or listen to the episode for more details.