I am somewhat in the same position as “last-to-go”, identical net worth at older age (52), and actually agree with him. I’ve read this forum for about a year, find it enjoyable and enlightening to hear those that have actually ER, it’s certainly given me things to think about. I’ve come away from this with a couple of points of view that are a little different from the mainstream here.
First, even though I do want to retire “early” (whenever that is), I happen to enjoy some aspects of work. I enjoy the challenge, the satisfaction derived, and yes, making and accumulating money/wealth. Now, I do work for myself (custom homebuilder), I’m sure that is different from those that are in jobs they don’t like. I would like to move to a position that incorporates the best aspects of working and being retired.
Secondly, I don’t want to live on $50/day. I want to live the same lifestyle as now, nice home, two new cars every 4-5 years, buy anything within reason when I want to, travel and stay in nice hotels/resorts, eat at nice restaurants, and leave something behind to my heirs. For us, that’s a net income of $100,000.
I guess the point of this is that everyone has their own situation and points of view, and goals.
Allan