Join Early Retirement Today
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

Thread Tools Search this Thread Display Modes
Re: How did you ER
Old 07-04-2005, 03:40 PM   #41
Recycles dryer sheets
Join Date: Mar 2005
Posts: 242
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.

Sparky is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: How did you ER
Old 07-05-2005, 11:39 AM   #42
Recycles dryer sheets
Join Date: Oct 2004
Posts: 325
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.*

LEX is offline   Reply With Quote
Re: How did you ER
Old 07-06-2005, 03:46 PM   #43
Recycles dryer sheets
Join Date: May 2005
Posts: 58
Send a message via MSN to cons Send a message via Yahoo to cons
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!

cons is offline   Reply With Quote
Re: How did you ER
Old 07-06-2005, 04:12 PM   #44
Thinks s/he gets paid by the post
maddythebeagle's Avatar
Join Date: Jun 2005
Posts: 2,450
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!
maddythebeagle is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 11:30 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.