24-year-old on track to retire a millionaire by 30 shares his 3-step plan

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Americans are not prepared for retirement. Even Tho they should be. Why bust hump worrying about the future when you can be living today creating the future.  Think ahead be like this smart dude Brandon some Google employee who was living out of a 128 square foot truck. Living in a truck he saved 82%

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https://www.cnbc.com/2016/11/18/24-year-old-on-track-to-retire-a-millionaire-by-30-shares-his-3-step-plan.html

1. Make a plan

"Get a plan together as soon as you can," he tells CNBC. "The sooner you have a plan, the sooner you'll see your contributions compounding into something meaningful and substantial."

"Getting a plan together" means deciding exactly when you want to retire or be financially independent, Brandon explains.

2. Maximize tax-advantaged accounts

Figure out which tax-advantaged accounts you have available to you and how much you can contribute to them.

3. Streamline

Finally, "evaluate your priorities and cut out the cruft from your life," says Brandon. (Cruft is a coding-derived word for redundant and unnecessary clutter.)

24-year-old Silicon Valley engineer lives in his truck and saves 80% of his income  

Overall, Brandon says, "decreasing your spending is usually a lot easier and more effective than increasing your income." Plus, reining in your spending is something you can start doing right away. It's within your control.

And, while the ideal time to establish a plan for financial independence is when you first enter the workforce, he says, "the second best time is now."