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Screw early retirement, how about instant retirement? I have enough savings right now that if I live as frugal as possible, I could sit on my rear end for about 5 years. But apparently early retirees don't actually do this -- instead I'll spend those 5 years trying to find jobs that I want to do, to the extent I want to do them. So long as my income from these ventures exceeds my expenses, based on definitions posted so far, I am thus retired at 28! edit: MMM himself addresses this viewpoint in this post, basically saying the definition of retirement is loose zmcnulty fucked around with this message at 03:10 on Jul 18, 2013 |
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Jul 18, 2013 02:51
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Cicero posted:Seriously though, it does bug me that I can only spend an hour or so (and that can be optimistic) every day directly interacting with my son, because, well, other stuff has to get done. I'd kill for a few more hours each day of that time. If that's your goal, have you put any effort into getting a better job (e.g. same salary, less hours or more salary, same hours)? Rather than cutting back on everything in the hopes that frugal living will one day pay off.
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Jul 18, 2013 05:15
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I had a longer post typed up but I guess it boils down to a single question: how do you reconcile living life to its fullest with frugality? I feel like a lot of the great experiences in my life thus far, and most of those I have planned, require a lot of money and... there aren't any substitutes. I fully agree that consumer culture buying new iPads/whatever is really dumb, and I shy away myself, however doing something awesome like visiting Antarctica is often expensive. Where do you draw the line? Also, assuming I'll live to 45/65/85 or whatever seems sort of dangerous. Am I the only one that sometimes feels like I'll drop dead at 35? zmcnulty fucked around with this message at 02:40 on Jul 19, 2013 |
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Jul 19, 2013 02:23
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That's exactly what I'm talking about. A trip to Europe with your family will cost like a quarter of your annual budget. I agree there's plenty of down time, but how does <$2k per month for a family of 3-4 provide "flexibility??" edit: I understand there's plenty of people making do with families and lower salaries, but this thread is basically about rich people so we'll ignore the poors
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Jul 19, 2013 02:51
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