Giving notice this week. Run the numbers and think I can retire now. Super excited , nervous etc. I am 45. This could be my biggest mistake and my biggest achievement. Getting weird reactions...

likeupliftingsmart
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Great job. I will hopefully work until my mid 50's but then I am done too. I have a paid off home at 39 and 600k in investments with just over a million dollar net worth. My wife and I early in our career had probably $70,000 in debt. We moved to a small apartment in a cheap area and spent three years paying down all our debt. From that point forward we saved like crazy and splurged occasionally. We donā€™t always have the nicest iPhone but weā€™re going to have a phenomenal retirement knock on wood. I still listen to Dave Ramsey a few times a week just to keep my mind right and my second job is learning from personal finance blogs and podcasts.

You are an inspiration to us all!

likeupliftingsmart
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Websites would be early retirement.org, Mr money Mustache. I have a paid off home and 2.4 million in investments which should generate approx 90,000 dollars per year in income . I can comfortably live within that with no mortgage/rent and no further need to save for retirement .

likehelpfuluplifting

No kids. Not married . But no inheritance. Started following those early retirement blogs/websites after feeling demotivated by a couple of awful bosses . Then it snowballed into a life goal.

likehelpful

My wife and I are set to retire in 10 years, sheā€™s 35 and Iā€™m 36. She religiously reads the reddit forum called FIRE (fixed income retire early.) I highly recommend joining that group, thereā€™s a whole community to interact with.

likehelpful

My financial plan has a 93 percent chance of lasting for another 55 years according to firesim website

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Yes. That's true. But I think I am ready for a whole new chapter and now seems a good balance of being done with agency life but still have energy to try new things . Worst financial scenario would be to downsize home, which I am fine with. Worser case scenario would be to do 5 more years and then get a terrible illness and regret I spent all my time working

likeuplifting

If you are really nervous work another 5 and be certain. You can make money NOW but not at 70.

likeupliftinghelpful

Wow. That is true determination and focus. I think marriage and/ or kids would have made this muuuuuch harder. Congratulations! I'm 39 and extremely jealous but very happy for you. What I wouldn't give to be looking at 5 years out from now with an option to retire!

So all I need to do is generate 2.4 million and FAST?!
šŸ˜‚

likesmartfunny

This is legit my dream. Can you recommend some sites you followed? How long did it take you to amass what youā€™re comfortable retiring with?

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Thank you. I have had some unexpected reactions from the few people I have told. Some of them kind of aggressive or dismissive . The ones who have just been happy for me have made me the most appreciative of my circumstances

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Once you do the math on all the interest you pay to banks every year and how much you could be making instead growing that with investments, your behaviors might change. Worked for me.

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I like all the Dave Ramsey and cast podcasts but also listen to the Million Dollar plan. The best book to read or listen to is the Millionaire Next Door.

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Retire! Then go do something fun and low stress so you can live all of the next 55 years in bliss. And thank you so much for the inspiration !

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Fuck me. Iā€™m going to be working till Iā€™m 70 minimum

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Standing ovation for OP šŸ‘šŸ‘šŸ‘šŸ‘

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You're retiring at 45? Damn. Good for you. How'd you do it?

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Jesus teach me your ways. You have some inheritance or what? You know you could live longer than you are right now, right?

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Great job, congratulation!!

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This is all mega-inspiring and #goals!!

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