I recently watched a TED talk titled "how to be a millionaire in 3 years," which was presented by Daniel Ally. By the age of 24 Daniel became a self made millionaire. He went from living in his mom's basement at age 20 and recovering from drugs, to being successful. He laid out three main tips...
In order to retire in 10 years and live off passive dividend income using the 4% rule you'd have to save at least 80% of your income each year.
With that said, I recently watched a video from a guy who tore apart the idea of early retirement and said that it simply wasn't possible for the "average" person. ...