Michael Quan is like any other average Joe. He is a father of two living in California who had a regular office job. But unlike most of us, he was able to retire in his 30s.
It only took him a decade of saving and investing.
Michael jumped into the job market with a $42,000 annual paycheck and eventually increased it to an average of $80,000 a year. That’s 49.57% more than the average annual salary of $53,490 in the U.S., according to the U.S. Bureau of Labor Statistics.
But that gap isn’t enough to retire at such a young age.