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10-21-2010, 03:46 AM
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#21
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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 Quote:
Originally Posted by robls
The link works fine on my end.
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And so it does... this morning. Hmmmm.
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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10-21-2010, 04:32 AM
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#22
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Full time employment: Posting here.
Join Date: Mar 2009
Posts: 728
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Quote:
Originally Posted by Alan
ER is not for everyone for sure, but I suggest that FI is.
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Well said and definitely agree with this. Those who like their jobs should feel free to continue and decide when to stop. I know some people who like to work past the retirement age. For me, I like ER as I realise that even at the "young" age of 50, I thought I could do certain things I planned to do when I retire but found out recently that I could not.
Also, thanks for introducing the link to Frugal Retirement Living - interesting articles.
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12-24-2010, 10:21 PM
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#23
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Gary Pierce posted a comment today with my "frugality vs deprivation" post on The Military Guide blog. I'd forgotten this thread so I rediscovered his site all over again.
I like his explanation of how a nearly-computer-illiterate ER can get taken by the promises of website hosting and "easy setup". Looks like he made several false starts, eventually paid a service about $300 to get going, and has since managed to ramp up to ~$1000/month in ad revenue. (Ironically Firefox/Adblock ensured that I hardly saw any of 'em.) It also looks like that extra income helped carry their ER through the 2008-09 recession. By then they'd been ER'd for 15 years and they weren't interested in going back to work.
With every blog post I put up, Wordpress keeps suggesting related posts from other blogs. I've stumbled across military and early-retirement corners of the Internet that I never knew existed...
__________________
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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12-26-2010, 08:27 PM
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#24
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Dryer sheet aficionado
Join Date: Oct 2010
Posts: 45
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I think I would rather regret leaving too early, than leaving too late.
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12-28-2010, 06:01 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Quote:
Originally Posted by Alan
ER is not for everyone for sure, but I suggest that FI is. My brother in Australia still loves his career job (he is 53) and he gets a generous vacation alowance along with it to pursue his out of work activities.
I know a few folks who are ESR'ed and also they enjoy their jobs. They could stop at any time but see no reason to.
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I agree with this. ER depends on how much money you have (FI) plus how much you enjoy or don't enjoy your job along with the desire to do other things. Work is not a four letter word for everyone. Furthermore, once retired, LBYM seems less than optimal to me. I guess determining means is always a challenge, ie making sure you don't run out of money. Different story during the accumulation phase for sure.
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12-28-2010, 06:04 PM
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#26
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Quote:
Originally Posted by Skye
I think I would rather regret leaving too early, than leaving too late.
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Not me if ,leaving early results in running out of money.
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