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View Poll Results: What method did you use to ER?
LBYM and save 34 69.39%
Sell appreciated house 1 2.04%
Inheritance or stock options 5 10.20%
Move abroad 0 0%
Pension plan 9 18.37%
Voters: 49. You may not vote on this poll

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Re: How did you ER
Old 07-04-2005, 03:40 PM   #41
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Re: How did you ER

Saved like crazy (about 50% of our after-tax income). Didn't buy a big house and endured derision about the little house we did buy.

We did get a small inheritance and that was enough to send us over the top to ER at 44 and 45.

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Re: How did you ER
Old 07-05-2005, 11:39 AM   #42
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Re: How did you ER

I was lucky.* *Great Stk. options and several years of large salary bonus money got us to critical mass and over the hump while we remained frugal. (Actually, we are just plain cheap!) I could sell the house and retire on that alone, as many will attest the tulip mania for housing prices has put lots of paper equity in everyone's balance sheets.* We are ER'd at 50/41.*

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Re: How did you ER
Old 07-06-2005, 03:46 PM   #43
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Re: How did you ER

i'm also a wanabe reitree.

however, i came across this article and it reminded me of how one can achieve FIRE:

If americans just followed rule #1, LBYM, they'd be set to ER!

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Re: How did you ER
Old 07-06-2005, 04:12 PM   #44
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Re: How did you ER

I dont like that little blurb on calculated risks in startups! Was that their little way of making a few bucks mentioning some bs startup investment firm?

Dollar cost average, minimize costs, invest a large chunk of your income, and start as early as possible to take advantage of compounding SHOULD have been mentioned, also.

- Hurry! to the cliffs of insanity!
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