[quote=jimmyle]I only have 1/3 of the formula. And I am an above average saver. I doubt that even 10% of the 20s and 30s crowd meet the criteria.

For example,

30 year old guy making $80K needs $240K nest egg to meet the criteria. Let say he starts working at 23, he needs to save $35K a year while paying down his $20K+ college loan. Impossible.

Unless he bought a house on 0% down in 2002 and sold it in 2006.[/quote]

Add on to that fact that this guy didnt start at 80k when he was 23. He prob started at ~40k, and has been working his way up. So for the first few years he would have to be saving more than his after tax income.

Maybe we should use a real life example and modify the formula so that it is multiplied by 1/3. Meaning a 30 year old making 80k a year needs to have socked away 80k. It wouldnt be easy, but that is atleast in the ballpark of doable.