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Consumer Law

NY lawyer earning $270K saves 70% of income

Attorney “Daniel,” 36, makes $270,000 a year as a corporate lawyer in Manhattan.

He makes rice and beans in his slow cooker. An armoire holds just five cheap suits. When they tear, as they do “every six months” or so, he sews them back up. In the winter, he doesn’t even turn the heat on. “I mostly put on a bunch more layers,” he tells The Post.

Daniel is a member of the growing FI/RE movement, short for financial independence, retire early. The money philosophy — essentially, save fast and early so you can quit working young — is gaining traction among millennials who have had a taste of office drudgery and want nothing to do with it. 

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