If you have this amount in your bank, you can retire at 30.

Do you find work quite enjoyable but also dream of lounging with a coconut in your claws and days full of freedom? Then you better start saving smart.

Because with an income of around 120,000 euros per year, together with your partner, you can get quite far. People have proven it. Save on expensive things like vacations, cars, houses, food, and entertainment. It’s a bit of a grind, but you know what you’re doing it for. Think of it as a sport. According to thirty-somethings who have managed to retire early, the key is: being able to save well. Start saving early. Don’t want to live too luxuriously and don’t spend that salary right away. So no buying expensive bags. Keep that in mind. And you also shouldn’t sip on fancy cocktails. Sorry. It may not be cozy and sexy.

What you need to do? Set aside at least 70 percent of your combined salaries. Then you can really have saved a million within ten years. Of course, we’re not saying it will come easy, but if others can do it, you can too. It’s a matter of flipping the switch and living frugally. You have to be willing to make sacrifices if you want to retire early. But let’s say you save that million, your husband saves another million, and you want to live off it for another fifty years, then you have 40,000 euros per year left to spend together. That amounts to 3,300 euros per month. Not bad, right? Two million. That’s the amount you’re aiming for. And per person, that’s just one million, which makes a difference. Take three jobs, work hard, set everything aside, grab that interest, and somewhere between thirty and forty, you move to the Bahamas.

And then you have 52 weeks of vacation per year. That’s a whole lot of coconuts. And as a millionaire they taste so good.