If you make $70,000, you could retire in 10 years. This 34-year-old millionaire explains how. via CNBCMakeIt
Sabatier set a goal for himself on the spot: Earn $1 million and retire as early as possible.
Sabatier boosted his income to more than $300,000 per year. He also managed to save around 80 percent of what he brought in, which he invested in the market. Only five years, three months and six days later, Sabatier reached his goal with more than $1.2 million saved. That was in 2015.Grant SabatierAlthough his story sounds extreme, Sabatier, now 34, believes nearly anyone who earns more than a certain amount can follow in his footsteps.
"You're going to have to live a little bit differently than most people," he adds. "You might be thinking, 'How can I live on $30,000 or $35,000 per year?' But you can live actually pretty well on $30,000 or $35,000 per year."Sabatier emphasizes that making short term sacrifices now allow you the freedom of financial independence later. "You're probably thinking, 'Oh, I'd have to get a really crappy apartment or drive a really crappy car.
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