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Reply to "Should I stop daydreaming about retiring at 55?"
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[quote=Anonymous][quote=Anonymous]Of course you can retire early. Virtually anyone with a $300K HHI can retire far earlier than the traditional age. People here don't do it because DCUM believes that the meaning of life is found in business-class travel, luxury hotels and Michelin-rated restaurants ("Do you think I can retire now with $10M?"). Stay far away from these people, and you can easily retire early.[/quote] +1 You should estimate your expenses for 15 years down the road and your savings at that time to see if you can safely withdraw the amount you need to live. The Money Mustache Forum has a section for those who have accumulated $2m and beyond. As you head toward your second million, the earnings grow fast. You can go tot hat forum and get ideas from a non-DCUM crowd, which tends to think no amount is enough to retire. [/quote]
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