Anonymous wrote:

Anonymous wrote:How do you decide if you have enough money to early retire ? 30x to 50x of your spending money ( spending + tax + healthcare cost ) ?

It depends on your current age. The earlier you retire, the more you need to retire early.

30x is a good number if you want to retire around 55. Assuming you keep some funds invested in the stock market via an index fund or something, your portfolio will continue to grow even as you pull money from the investments. The funds should last you more than 30 years.

DH is 60 and I'm 54. We are counting on some social security, as well. Maybe not the full amount, but some. We also have about $4mil in investments and cash. Our expense, with some travel, is about $140K/year.

Anonymous wrote:

Anonymous wrote:I am 62 started work full time at 18 at a large bank. I am in year 44 of full time work no break. I love it. I would love to work till 68 to put 50 years in.

I feel work is a joke today. I used to do 15 credits and a full time 40 hour a week in college.
I did full time work and 18 credits a year MBA

Today I work from home 3x a week. I get off holidays, vacation, personal days, floating holidays around 7 weeks a year. So I work 45 weeks a year. Two days a week. I go to office 90 days a year. Do I really need more time off?

Yes if it was 1999 five days a week in office 8 am to 7 pm in a suit in tie in a high stress job I be retired already.

What do you do? Your writing and grammar is at a 2nd grade level.

Anonymous wrote:I am 62 started work full time at 18 at a large bank. I am in year 44 of full time work no break. I love it. I would love to work till 68 to put 50 years in.

I feel work is a joke today. I used to do 15 credits and a full time 40 hour a week in college.
I did full time work and 18 credits a year MBA

Today I work from home 3x a week. I get off holidays, vacation, personal days, floating holidays around 7 weeks a year. So I work 45 weeks a year. Two days a week. I go to office 90 days a year. Do I really need more time off?

Yes if it was 1999 five days a week in office 8 am to 7 pm in a suit in tie in a high stress job I be retired already.

Anonymous wrote:Why does it seem like everyone wants to retire early? Is it because they started in a very high stress job in their early 20s and are burned out by 50? Or are there other reasons.

I just turned 50. I plan to retire at 65. My job is okay in terms of stress, but I am not stressed to the point of wanting to retire early

Anonymous wrote:I'm 47 and am aiming to retire in about 10-12 years.

The reason is that I've worked hard my whole life and would like an extended period when I'm still healthy and strong and I can enjoy the world as I see fit.

Work is fine for now, but I can't travel, exercise, go to movies, develop hobbies anywhere near what i'd like.

Anonymous wrote:+1 when I was younger, ageism never occurred to me, though I had gone through two layoffs. So, now we tell our teens to plan for early retirement and layoffs. We talk extensively about investing early and started a roth for them.

Anonymous wrote:Why does it seem like everyone wants to retire early? Is it because they started in a very high stress job in their early 20s and are burned out by 50? Or are there other reasons.

I just turned 50. I plan to retire at 65. My job is okay in terms of stress, but I am not stressed to the point of wanting to retire early

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Early retirement became my goal. I chose a range of disturbed and mentally ill managers. Eventually, I chose better by learning what to look for.

But I decided I do not want to work for toxic companies and toxic employees.

What do you look for

+10. I worked for toxic managers in the government. Funny thing. Everyone admitted they were terrible and toxic but this is who the government promotes upward.