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The approach I have taken is to pursue Financial Independence. I'm in mid-40s and will be FI by 2022. http://www.mrmoneymustache.com/2012/01/13/the-shockingly-

The approach I have taken is to pursue Financial Independence. I'm in mid-40s and will be FI by 2022. http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

dennis_jeeves 9y ago
Ah, the 'savings' route you mean? Yes I've been doing it forever. For example: -I make my own coffee. -I do not own cable. -I have a partner who is as frugal as me. ( are you listening? - you pussy whipped men out there) etc... Cannot think of anyone who is more cautious than me about spending money in my circle of acquaintances. Anyway one question about something fr0m the link: >>"You can earn 5% investment returns after inflation during your saving years" Do you think the figure of 5% still holds after taxes, inflation etc? Any way I applaud you on your out-of-the box thinking and actions. I can identify positively with most of your views. Back to the original intent of the post, even if I save sufficiently I would still be interested in doing useful productive work, there are some real life problems to be tackled - for example, health: - the problem of degenerative aging. - The healthcare system is rigged, thinking conscientious people need to make another parallel one if they care about their health.
- baccredited 9y ago
  Well I know I was vague but I really mean the systematic approach to saving 25X your annual spending, investing to earn over 7%, withdrawing 4% per year, and living forever on that plan. You can spend frugally to get to that 25X number, or save aggressively. I'm drawn to the latter. >Back to the original intent of the post, even if I save sufficiently I would still be interested in doing useful productive work, there are some real life problems to be tackled The beauty of achieving FI is that you can work on ANYTHING you want. Including noble pursuits like yours.
  - dennis_jeeves 9y ago
    >The beauty of achieving FI is that you can work on ANYTHING you want. Including noble pursuits like yours. A slight nitpick :) . It is not noble at all, infact very selfish. Notice that I said a parallel health care system not improve-the-current-system. Anyway nit-pick aside i get the jist of what you are trying to convey.

dennis_jeeves 9y ago

Ah, the 'savings' route you mean? Yes I've been doing it forever. For example: -I make my own coffee. -I do not own cable. -I have a partner who is as frugal as me. ( are you listening? - you pussy whipped men out there) etc... Cannot think of anyone who is more cautious than me about spending money in my circle of acquaintances. Anyway one question about something fr0m the link: >>"You can earn 5% investment returns after inflation during your saving years" Do you think the figure of 5% still holds after taxes, inflation etc? Any way I applaud you on your out-of-the box thinking and actions. I can identify positively with most of your views. Back to the original intent of the post, even if I save sufficiently I would still be interested in doing useful productive work, there are some real life problems to be tackled - for example, health: - the problem of degenerative aging. - The healthcare system is rigged, thinking conscientious people need to make another parallel one if they care about their health.

baccredited 9y ago
Well I know I was vague but I really mean the systematic approach to saving 25X your annual spending, investing to earn over 7%, withdrawing 4% per year, and living forever on that plan. You can spend frugally to get to that 25X number, or save aggressively. I'm drawn to the latter. >Back to the original intent of the post, even if I save sufficiently I would still be interested in doing useful productive work, there are some real life problems to be tackled The beauty of achieving FI is that you can work on ANYTHING you want. Including noble pursuits like yours.
- dennis_jeeves 9y ago
  >The beauty of achieving FI is that you can work on ANYTHING you want. Including noble pursuits like yours. A slight nitpick :) . It is not noble at all, infact very selfish. Notice that I said a parallel health care system not improve-the-current-system. Anyway nit-pick aside i get the jist of what you are trying to convey.