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Can You Really Retire Early With a Lower Income?

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Last night I was reading an early retirement article on MSN. These types of articles always interest me because I find early retirement pretty fascinating and a long-term goal for myself. In this particular article, the woman featured was able to retire at the age of 32 after paying off $100,000 of student loan debt and amassing a $690,000 net worth in just 5 years. This is probably thanks in large part to her job as a lawyer which provided her with an annual income anywhere from $160k to $320k. While this story was particularly inspiring, it was also sort of unrelatable for people who don't earn that much money. If you don't make a huge six-figure salary, do you even have a shot at retiring early? In the interview, the woman stated that she did believe people with a lower salary could retire early too if they wanted to ...

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