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Reply to "Has anyone here retired early on a lean budget (or plan to)?"
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[quote=Anonymous][quote=Anonymous]I would love to do the FIRE thing. I could comfortably live on $2k a month while healthy. The thing that keeps me from doing it is long term care. If you have enough money to cover a few years of assisted living, you do not need to live lean when healthy.[/quote] elp in This. My BIL and his wife think they can live frugally now. that might be true. But you need money for what happens when you are really old and need help with every day tasks, you need medical insurance forever (and even medicare costs $ now) and you might need a nursing home. Go visit the state charity one to make suire you are ok with that. I agree with other posters that there are so many other options at 35 than permanent retirement. Take 6-12 months off or consider a new career. You can always opt into retirement later if it is financially sane and works for your family. [/quote]
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