dm
Full time employment: Posting here.
We spend over 100k a year. We could live on 100k but chose not to. I retired at 50 and have been retired for the last 10 years. Health insurance alone cost us $18600 and we still have deductibles. Add in housing cost, taxes, and other insurance and if we want to eat there is no way we could live on $24,000 like a earlier poster stated.
We do have some expensive hobbies, we own a small plane and belong to the local country club. And we drive nice cars I suppose. But I guess after working long hours to early retire I’m going to enjoy myself while I’m still happy and can enjoy it.
Thanks to the stock market my net worth is still 50% higher than it was 10 years ago. And I’m at a 50/50 allocation.
I’m also not concerned about burdening my kids with a large inheritance.
We do have some expensive hobbies, we own a small plane and belong to the local country club. And we drive nice cars I suppose. But I guess after working long hours to early retire I’m going to enjoy myself while I’m still happy and can enjoy it.
Thanks to the stock market my net worth is still 50% higher than it was 10 years ago. And I’m at a 50/50 allocation.
I’m also not concerned about burdening my kids with a large inheritance.