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The way to ER immediately?
10-13-2013, 05:52 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Bernalillo, NM
Posts: 2,717
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The way to ER immediately?
Take a look at Dan Price's ultra-cheap lifestyle, starting with the home he built from scrap wood that he calls his 'hobbit hole.'
Living on $5,000 a year, on purpose: Meet America's 'intentional poor' - In Plain Sight
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"We live the lives we lead because of the thoughts we think" ...Michael O’Neill
"We can cannot compel others to do our will" ....Norman Goldman
"There never is shortage of the gullible to accept the illogical"...Anonymous
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10-13-2013, 06:19 PM
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#2
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Thinks s/he gets paid by the post
Join Date: May 2011
Location: South Eastern USA
Posts: 1,068
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not for everybody, for sure.
__________________
All that glitters is not gold. -G. Chaucer, W. Shakespeare
All that is gold does not glitter. -J.R.R. Tolkien
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10-13-2013, 07:21 PM
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#3
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,566
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LOL, Would it have been such a waste to build his hut tall enough to stand up in?
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10-13-2013, 07:25 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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It is food for thought on what does it really take to be happy. 1800's farmers probably weren't all unhappy because they didn't a have a modern lifestyle they didn't even know existed.
It certainly is quicker and simpler to learn to be happier with very little than it is to build up huge amounts of savings.
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10-13-2013, 08:19 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Strictly speaking, this lifestyle is not ER but ESR (Early Semi Retirement) as they still have to generate some earned income, no matter how little.
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10-13-2013, 08:36 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Midwest
Posts: 2,960
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Quote:
Originally Posted by timo2
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I lived like that before I retired in order to save as much money as possible
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10-13-2013, 08:45 PM
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#7
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,021
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Quote:
During the winter, he decamps to Hawaii to surf and avoid the harsh weather.
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How does he manage that on $5,000 / year?
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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10-13-2013, 09:09 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Same way al these ER wunderkinder do it- he lies.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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10-13-2013, 09:25 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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"I live in a hole in the ground. It is great!"
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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10-13-2013, 09:52 PM
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#10
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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He had to leave his stressful job as a photojournalist in Kentucky. Is that on any list of stressful jobs? Another story that just screams for the other side of it.
Regardless, he should find a Hawaiian hobbit hole to live in year round.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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10-13-2013, 10:13 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: St. Louis
Posts: 2,179
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Quote:
Originally Posted by brewer12345
"I live in a hole in the ground. It is great!"
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I wonder if he is at least knowledgeable of GEICO? Perhaps his iPad keeps him up-to-date on insurance...
__________________
Dryer sheets Schmyer sheets
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10-13-2013, 10:41 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Western US
Posts: 1,204
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I know someone just like that guy (looks like him too), except he had the good sense not to have kids.
He really was happier with less. We were roommates in the late seventies when he inherited a fortune - about 100k. On advice from others, he bought a house and a new Toyota pickup, got married, finished his teaching degree. Lasted about three years.
Today he lives in Hawaii (in someones garage) and works at a healthfood store, plays beach volleyball and seems happy.
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10-14-2013, 01:29 AM
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#13
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Recycles dryer sheets
Join Date: Oct 2010
Posts: 113
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Think that would dissolve my marriage too.
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10-14-2013, 01:42 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Duesseldorf, Germany
Posts: 1,202
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IMO it is a matter of exploring what one really wants and paying the full price to get it.
But the individual should be aware that the wants might not be permanent ones.
So burning bridges (like losing contact to kids, friends and family) could backfire if the wants change.
Also, the price for extreme lifestyle is that there will be less options for change the older the individual gets.
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10-14-2013, 06:43 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Nov 2008
Posts: 3,388
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Nice recumbent trike. They start out at about $2600 + tax for the cheapest ones. Doesn't leave much of the $5k to live on that first year.
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10-14-2013, 07:54 AM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 5,991
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Quote:
Originally Posted by Badger
Nice recumbent trike. They start out at about $2600 + tax for the cheapest ones. Doesn't leave much of the $5k to live on that first year.
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Nah, I built mine from scrap parts for $200, then added a hub motor for steep hill assist for another $80 (they are rough on hills but oh so comfortable on the butt).
Helps if you know how to TIG weld aluminum though...
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10-14-2013, 09:16 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by MooreBonds
I wonder if he is at least knowledgeable of GEICO? Perhaps his iPad keeps him up-to-date on insurance...
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What does he care about GEICO car insurance? He has no car.
However, he would want healthcare, and I wonder if he has been able to get through healthcare.gov with his MacBook Air.
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10-14-2013, 09:22 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Bernalillo, NM
Posts: 2,717
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Quote:
Originally Posted by NW-Bound
What does he care about GEICO car insurance? He has no car.
However, he would want healthcare, and I wonder if he has been able to get through healthcare.gov with his MacBook Air.
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I was wondering about toilet and bathing facilities more than anything else. Regarding the Hawaii trip, I used to work with a guy who previously had spent several years living on a beach in Hawaii
Life's a beach for some homeless in Hawaii - USATODAY.com
__________________
"We live the lives we lead because of the thoughts we think" ...Michael O’Neill
"We can cannot compel others to do our will" ....Norman Goldman
"There never is shortage of the gullible to accept the illogical"...Anonymous
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10-14-2013, 09:39 AM
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#19
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Recycles dryer sheets
Join Date: Oct 2011
Location: Upstate Ruralia
Posts: 356
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Where does he get power from?..
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10-14-2013, 09:40 AM
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#20
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Dryer sheet wannabe
Join Date: Jun 2012
Posts: 12
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What's round trip airfare to Hawaii these days? That's got to eat up a bit of his $5,000. I suspect he's not counting any welfare benefits he may be getting, like food stamps. That said, at least he's not living under a bridge or on the street. And there is something to be said for the simple life, or as my DW likes to say: "He who owns little is little-owned".
__________________
Retired At 50
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