Reply to What NW would a person need to retire by age 30 in a HCOL area?

Forum Index » Money and Finances

Reply to "What NW would a person need to retire by age 30 in a HCOL area? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]My buddy had a good friend whose goal was to retire very early. Here is how he did it. He retired at 38.

Don’t go to college. Delays retirement. 
Live at home as long as possible. 
Don’t marry an educated person or person with lots of goals. 
Get pension and medical for life.

He actually at 16 signed up to be a junior street sweeper in NY City Sanitation. You can be a garbage man at 18 but a cop or fire is first class after 21.

He joined Sanitation the day he turned 18 in 1988. Around 1993 he saved up enough to buy “retirement home” in Florida with big down payment and 15 year mortgage. He put a renter in there to pay off mortgage. 
He lived at home making bank. He was into investing. For a garbage man he knew tons of smart people. He saved almost whole salary.

At 36 met his wife. A smoking hot young empty head secretary who was 24.2 Got engaged at 37, married 38 and moved into retirement home mortgage free.

He has medical for life him and wife as married right before retirement. A 60k a year pension. And a boat load of investments. He had his kids and him and wife home. He is around 58 today and retired 20 years. His wife was in a NYC pension at 26. Technically she retired at 26.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics