Suppose some catastrophic economic event happens, and my stash gets pummeled down to a fraction of its value, and this before I get to SS age. Would I still be FI?
Well, perhaps I can still do it. I would sell my homes, pack up in my little motor home and head for the forests in New Mexico. In that state, a non-resident camping permit is only a few hundred bucks a year. My living expenses will be much reduced, before I need to work. That is if I do not want to work, but chances are that I would want to. Or my wife will make me to.
See, one can achieve FI on many levels. It does not have to include foreign travels, stick homes, or new cars, etc... For more ideas, search the Web for "cheaprvliving".
PS. This site shows a typical budget of $1000/month. At $12K/year and a 4% WR, that still requires a $300K stash. My 2 homes are much more than that. I will always be FI.
Hmmm... Just look at their numbers again. See nothing for health insurance. I guess Obamacare comes just in time.