I think that is true for a typical Mustachian, but at the same time there’s nothing about Mustachianism that says you should do this. The idea is to be frugal and retire early because retiring early allows you to pursue what you are passionate about and stuff. If making more money and donating it to effective causes is what you are passionate about, Mustachianism doesn’t say to avoid it. (That’s my interpretation of it anyway.)
(Average lifetime income is in the range of $1M, is beside the point, but I couldn’t resist looking it up.)
Huh, that seems low, at least for a wealthy western country. Iirc average income in America is around $50k. Over 40 years that is $2M. Adding on interest makes it even more.
I think that is true for a typical Mustachian, but at the same time there’s nothing about Mustachianism that says you should do this. The idea is to be frugal and retire early because retiring early allows you to pursue what you are passionate about and stuff. If making more money and donating it to effective causes is what you are passionate about, Mustachianism doesn’t say to avoid it. (That’s my interpretation of it anyway.)
Huh, that seems low, at least for a wealthy western country. Iirc average income in America is around $50k. Over 40 years that is $2M. Adding on interest makes it even more.