I want to be able to retire at 55. Not that I WILL retire l, just want to be in a financial position to do so.
(59.5 is more realistic, as it would avoid early withdrawal penalties from my retirement accounts.)
I'm maxing out a Roth 401(k) evey year. Accounts been whalloped this year, but stilll is worrh about $600k. It has plenty of time to come back. I have almost two decades to go.
House is on track to be paid off in under ten years.
The only thing I don't have is a side investment account. Have thought about it, but yet to act.
For those of you who have retired early, any advice, not only how you were able to do it, but also if your retirement is matching your expectations. Part of me thinks I'd go crazy not working, but I want to work because I choose to, not because I have to.
My cost of living us relatively low. (Although its gone up mostly if fuel costs) I don't drive fancy cars or carry a ton of debt. Biggest splurge is going out to eat once or twice a week.
(59.5 is more realistic, as it would avoid early withdrawal penalties from my retirement accounts.)
I'm maxing out a Roth 401(k) evey year. Accounts been whalloped this year, but stilll is worrh about $600k. It has plenty of time to come back. I have almost two decades to go.
House is on track to be paid off in under ten years.
The only thing I don't have is a side investment account. Have thought about it, but yet to act.
For those of you who have retired early, any advice, not only how you were able to do it, but also if your retirement is matching your expectations. Part of me thinks I'd go crazy not working, but I want to work because I choose to, not because I have to.
My cost of living us relatively low. (Although its gone up mostly if fuel costs) I don't drive fancy cars or carry a ton of debt. Biggest splurge is going out to eat once or twice a week.