Discovered this site 2 days ago based on a recommendation from a friend. I was positively shocked to see that I have essentially been living a life with so many ingredients attributed to the concept of early retirement.
I have not actively been saving money off my salary and trying to invest them. This is mainly due to the tax system in Denmark: I feel it makes almost no sense to invest in this country because the tax authorities will take almost everything away from you again. I need a different approach but have not figured it out yet.
However, living in the capital of Denmark, and paying roughly 50% income tax, I am somewhat proud that I have cut my housing expenses to about 15% of my net income (without utilities). Denmark is expensive but I am aware it is nowhere close to London or NYC in terms of housing.
On the contrary, all my friends and work colleagues do the opposite: They buy real estate worth 4-7 million DKK = roughly 1 million USD. The interest rate is almost 0 and they believe it is the absolute best investment ... however they have become "salary slaves" for the rest of their lives.
I really need to start reading much more here but I wanted to chime in as fast as possible because I noticed an upcoming meeting in Copenhagen in a few weeks which I would like to attend in order to get a good start
.L