RetireAge50
Thinks s/he gets paid by the post
- Joined
- Aug 6, 2013
- Messages
- 1,660
For the past 24 years, we have invested 3 out of every 4 discretionary dollars. This has caused us to live a lifestyle which was comfortable but without a lot luxuries such as travel, cars, fancy restaurants, etc.
The primary objective was to retire as early as possible. We could retire now (Ages 47/46) and live the same way we have always lived.
However, we will likely work a few more years so that we will be able to "live the good life". Basically everything we earn from now until we retire can be spent on "wants" like travel, cars, giving, rv's, etc. etc.
How did you all decide how much "good life" budget you wanted in retirement?
The primary objective was to retire as early as possible. We could retire now (Ages 47/46) and live the same way we have always lived.
However, we will likely work a few more years so that we will be able to "live the good life". Basically everything we earn from now until we retire can be spent on "wants" like travel, cars, giving, rv's, etc. etc.
How did you all decide how much "good life" budget you wanted in retirement?