long time reader, first time poster...
lets see.. i'm 42, single male, and i want to know what people think about my retiring in 3 years at 45, or do they think i can do sooner?
at 42 I've $500k in stocks, $65k in savings, $320k in 401k/ira, a total of $885k. also, no debts and no mortgage.. at current job i am able to save $100k/yr. which at 45 would give me $1.2-1.3M (of save + invested earnings)
i would like to retire at 45 and believe I would live on 4k/month after taxes.
at 65 i'll get a pension of $2.5k/month, also should get SS if it is around.
I'd like to move overseas and travel similar to the couple at www.retireearlylifestyle.com
Any thoughts, or advice guys?
what would you retire on in your mid 40's in order to travel and see the world.. Also, have a PhD in Physics, so i could always if i needed to teach at a university to keep my mind active and supplemental income.