Recent content by Common Cents

Hi retire, That's actually very intelligent of you to do that. I don't bemoan my folks for not planning for my education, and I took the same things as you did. Made me strong, budget efficiently, and live on $5000 per year during my lean years. It was very good and in my opinion very good...

Hi Dallas, I agree with your assessment 100%. Life it seems to me grabs hold of you and "change" becomes more difficult the more entrenched you get in your location, ie grandparents close by, wife with her support system, same job for 6 years, etc etc. I've had many people offer the same...

Angry faces were a joke fyi. Thanks!!

I'm not sure how I'm having my cake and eating it too. I consider it saving judiciously and reaping the benefits. What's going to end up happening in all likelihood is when I reach this number in 10 years, I will cut back to work 2-3 days per week until the youngest is 18. Then I will cut...

LOL. Kids were never a "must" for me, but they were for my wife. We see how that's working out for me don't we.

Saving 60% of my income would allow me to FIRE at my current spending level in 11 years (age 47 for me). And my spending level in retirement would be less than half what it is now. Wall Street Bonus Withdrawal Means Trading Aspen for Coupons - Bloomberg Business I do not resent my wife...

Hmm, I guess I don't see it your way. My plan to FIRE would include no more children draining my income. $5000 per month is plenty to live on with no debt for us. I guarantee you I could do that 100%. I have passive income of $800/month now. I need $3200 more with no debt. Using the...

Hi all, Little background. My working life didn't start until I was 31 years old. Prior to that I was paying to work then graduated to making minimum wage, then started real work at age 31. Current income: $550,000 from all sources. Current Debts: Primary residence: Value $2,200,000...

Big time stuff. Congratulations.