Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Wanted to retire at 35 - posting for a friend
Old 02-05-2021, 10:15 AM   #1
Thinks s/he gets paid by the post
HawkeyeNFO's Avatar
 
Join Date: Jan 2010
Location: 5-sided building
Posts: 1,136
Wanted to retire at 35 - posting for a friend

https://www.cnbc.com/2021/01/25/bill...ire-by-35.html

“My whole goal when I started [working] was to retire by the time I was 35,” Mark Cuban recalled during Friday’s episode of ABC’s “Shark Tank,” “because the one thing you can never buy is time.”

“I wanted my time to myself. That’s the one thing you don’t get a second shot at. And I was willing to give up a lot to get there,” the entrepreneur and investor said in November on the “Raising The Bar” podcast.

Cuban had the idea after reading the 1988 book “Cashing in on the American Dream: How to Retire at 35” by Paul Terhorst, he told CNN Money in 2017. Feeling inspired, Cuban believed that “if you could save up to $1 million and live like a student, you could retire” early.
HawkeyeNFO 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 Early-Retirement.org 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!

Old 02-05-2021, 10:25 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
ExFlyBoy5's Avatar
 
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
I think he would score a 100% on Firecalc. So Mark, yes...you can retire.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
ExFlyBoy5 is offline   Reply With Quote
Old 02-05-2021, 02:57 PM   #3
Recycles dryer sheets
 
Join Date: Jan 2021
Location: Northern California
Posts: 295
And then he got bored and had lifestyle creep, and then made 1000x more money.

'Soon after, Cuban realized he could use his wealth to “do things that buy time".

“I stopped trying to just make as much money as I could a long time ago,” he added. “I got enough money. I value my time a lot more than my next dollar.”

So his number ended up being $6B.
oiseux is offline   Reply With Quote
Reply


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


Similar Threads
Thread Thread Starter Forum Replies Last Post
46, wanted to retire at 50, feeling unprepared Mook1e Hi, I am... 26 09-18-2021 09:12 AM
Should I retire? Advice and Opinion Wanted 38Chevy454 FIRE and Money 9 01-04-2014 03:04 PM
can Ken Lay retire? Will he be posting here soon? dex FIRE and Money 17 02-27-2006 01:39 PM

» Quick Links

 
All times are GMT -6. The time now is 01:50 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.