Reply to Has anyone here retired early on a lean budget (or plan to)?

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[quote=Anonymous][youtube][quote=Anonymous][quote=Anonymous]I am 50 and have 2 million in 401k, 200k Roth and 300k in non-retirement accounts. 
DH is 58 and has similar assets, so about 5m total.  Paid off home.  
250k in 529 for 2 kids 14 and 19.
No family money and no pension.
I am thinking of quiting every day while DH wants to wait till younger DS graduate HS.[/quote]

We have similar stats but we are a bit younger and our kids are a lot younger. (Had them late in life.) DH is fed, will have a pension, and wants to retire as soon as he is eligible in a couple of years. I am the main breadwinner and want to wait until the youngest graduates high school. My two reasons are: (1) being risk averse and (2) I want to instill good work ethic in my children and [b]have them see us as being productive members of the society[/b].  [/quote]

Not personal since so many people parrot this sentiment, but… what an absolutely asinine take this is.  Really.

The first and most obvious logical error is assuming that any job done for pay is automatically good/productive/contributing to society.  I whole heartedly reject that premise.  Half of jobs are totally useless at best (meaning if those jobs disappeared tomorrow it wouldn’t natter to anyone but the former workers missing their paychecks!). A good chunk of jobs (even well paying ones) are by nature or in practice actively DETRIMENTAL to society.  There are not a huge number of jobs that I think one should reasonably be PROUD of continuing to work in despite no longer needing the money.

I think it’s good to model for kids that loved ones come first, which includes their wants and needs, and if society wants to judge someone for retiring early and trying to enjoy their life, they can kick rocks.[/quote]

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