Reply to Has anyone here on a normal income successfully FIREd?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We plan to FIRE at 50, when our sole child is through college.  It's doable - key is to have fewer kids and manage your expectation that Early is 50, not 38. [/quote]

+1000

Once you get your kids thru college (or at least into college with a fully funded 529) then it is much more reasonable to be able to FIRE/retire.  That is a normal "retire early" plan.  Main concerns at that point are health insurance (which would be 15K/year, down from 20-25K for family coverage), home costs (pay off mortgage and all you have is maintenance and Taxes/HOA) and food/utlities/extras you desire. At that point you don't have 1+ not launched kids that you are responsible for.  I agree the key is to only have 1-2 kids.  Cannot personally imagine college for 3-4+ kids (we make too much to get any aide), even with in-state options that's expensive

Plenty of people retire in their 50s/early once kids are launched (off your payroll). Your expenses go way down

[/quote]

Who said it's a law that you have to put your kids through traditional 4 year college and pay for everything? Majority of people don't even have this option.  Guess what? Their kids still go to college. They take grants/loans and they also attend community college for 2 years saving tons of money.  College courses are only specialized for 2 years.  I don't get it, you push your kids to take AP classes and all that stuff that's supposed to transfer to college credits and they still need 4 years to get a degree in one major?[/quote]

It's not the law, but OP will have difficulty finding a woman who wants to sign on for this level of denial just for the sake of OP's ultra-early retirement.[/quote]

No. He won’t have any problems finding a woman. Most women prefer to stay home and not work when they are married. A FIRE husband is ideal because she won’t feel lonely at home. 
[/quote]

Most women who do want to stay home with their kids would probably prefer not to have to save a million dollar by 30 so that their husband can similarly not work.  They would probably also prefer to be able to occasionally splurge on new clothes, hair/beauty treatments etc as well as things for their children over having their husband home with them all day.[/quote]
This is the most “sexually frustrated Potomac/McLean mommy tracking woman that hates their husband” post I’ve seen on this site. “Don’t you dare stop working, how will I afford my next season Prada glasses”[/quote]

You seem to be missing the part that op is not only expecting to find a high earning spouse in their own right as well, but one who is also willing to live at home with their parents subsisting on ramen and living a spartan lifestyle so that they can have a million dollars saved by 30 at which point they get to quit work, have children, serve as the primary caregiver and continue to coupon clip while op sits around playing guitar.  This isn’t a question of Prada glasses it’s about being able to just do normal things like get a basic hair cut/color a couple times a year, occasionally buy a new outfit or go out to dinner with friends without the pressure of needing to constantly be in the ultra frugal “FIRE” mindset,.

There’s a reason the FIRE movement skews heavily male it’s just not a very attractive vision of life for most women, especially high earners with far better options.[/quote]

“Women be shopping”, the post. [/quote]

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