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Reply to "if you were able to retire early (55-62) how did you do it"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My co-worker retired at 55. She has always been single, no kids. The world traveler type. She bought a condo I assume relatively young, and had minimal bills. She is living an amazing life; I told her I want to be her when I grow up! [/quote] Me too!! But I'll be 56 when I retire and have kids in college (paid for). I'm already plotting my travels and daydreaming about it.[/quote] We are not all child brides, orthodox or amish like you. [/quote] I do not understand this comment. For those who had kids in early-mid 30s - very typical - this timing would work out.[/quote] That is a child bride unless you only have 1 or 2 kids. [/quote] Well yes, 1-2 kids is not unusual. You are just being trollish. [/quote] Yes and no. Telling people to just get rid of some of their kids to retire early is extreme FIRE. Or miss your kids entire childhood working to retire early. Seems a big trade off. Anyone could do that. I could be retired on a beach in a Tropical Island right now if my wife kept working, I never bought a trade up home, only had one kid and made that one kid pay their own college education and leave them with no inheritance. But that seems a big trade off. My good buddy did just that. Except he was so FIRE no children Him and wife both worked full time till 50 and he loaded up on stocks and he sits in a waterfront house in Turks and Cacos right now at 62 with his wife just the two of them. He is worth way more tham me. But I dont know. That that is not the FIRE most people want. Or my other friend in Florida who retired early, one kid, wife and him always worked. Kid went off to college never came back. Feels zero closeness to her own parents. She had a nanny, ship to Day care, then onto to after school program then off to college. They barely interact. Seems a heavy price to do it on purpose just to FIRE and Retire early. [/quote]
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