OK, so no judgment here, but just a sense of curiosity as it relates to how the super ERs are doing it? A response on another recent thread of someone saying they "retired at 38" prompted this. Not looking to argue what constitutes ER, but for the purposes of my curiosity (and probably others), let's assume it means you are living off your assets/pensions/annuities and not generating income through a side gig, spouse, other. From my own experience in the costs of raising 4 kids and having a SAHW, I would not have ever had cohones to launch super early. Sabbatical, maybe... permanent RE, not a chance. Clearly, if you don't have any kids, you will have an easier ER path. Additionally, I suppose there is the MMM crowd out there who is comfortable living on a very low level of income and making their own toilet paper, but for those that inspire for a higher level of RE income, I have to believe super ER is more difficult to achieve, especially the fatter your FIRE plans end up being. For those of you who "really retired" (as defined above... no cheating) say sub 45 - 50, curious minds want to know...
- How long have you been "retired"?
- How many kids are you/have you raised while in RE? How did you/have you planned for kid costs (i.e. cars, auto insurance, college, misc) in your plan?
- What are your primary sources of income (i.e. X% SWR, pension, annuity, other)?
- What level of income are you planning for and are you planning for any bigger bumps over time other than inflation?
Share the secret sauce!
- How long have you been "retired"?
- How many kids are you/have you raised while in RE? How did you/have you planned for kid costs (i.e. cars, auto insurance, college, misc) in your plan?
- What are your primary sources of income (i.e. X% SWR, pension, annuity, other)?
- What level of income are you planning for and are you planning for any bigger bumps over time other than inflation?
Share the secret sauce!