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Reply to "“We’re retired” "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You’re not retired with elementary school aged kids. You’re a stay at home parent. [/quote] Meh, my dh is retired from the military and our youngest is in middle school. We had kids late. It happens. [/quote] So you are not in your 30s. And you have health insurance for life most likely. The average person is not retiring in 30s/40s because you need enough to live for 50-60+ years, and with kids in ES/MS you need to also support them for another 10-15+ years. That includes education and healthcare. So yeah, if you have $25M+ at 30, you could consider retiring if you live a lifestyle that you can support for 50-60+ years on that, but most would rather work some and live a "nicer lifestyle" [/quote] Nah. Also you’re ignoring CoastFIRE. A larger amount of people than you think are already there in their 30s if they’ve been maxing their 401K since early 20s post college grad. [/quote]
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