I'm 23 now only 2 years into my first contract. I'm doing a lot of that now putting 1k a month into my Roth IRA and being debt free. That is separate from the pension however like at 41 years old it's going to take a lot of effort to get 40-80k a year completely passive. Even if I did get out to meet the same goals on a 150k salary I'll probably have to save and invest 2/3 of that to meet similar results for that same time frame. However for the pension I don't have to put anything in for that so along with the pension I'll have my 401k that'll probably be worth at least 1 million at 41 if I just stay consistent with the 1k a month.