daylatedollarshort
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 19, 2013
- Messages
- 9,358
This is an excellent point with regard to two incomes. I noticed when I was married we were able to essentially save one income. That accelerated savings quite a bit. I am now divorced and working again. It would be difficult to save 50% of my income being single, however, I calculated and do save about 26%.
We live in a HCOL area with some competitive, type A neighbors and coworkers. A surprising number, whom we didn't know all that well, seemed to be visibly upset when they heard we retired early. This has prompted me to think about why were we so different than the retire late (and not by choice) households? The reasons I came up with were LBYMs; blue collar backgrounds and spending habits; two professional incomes; good ROI schools (in state, public, community college courses, internships, etc.) and tech degrees for us and one of the kids, which only require 4 years of college; and so, far at least, we haven't gotten divorced.
Most of those factors didn't require any undo hardship or extreme sacrifice but they all really added up.