While I agree with the first two lines I have to disagree with the third one. > What you really need to know is, how cheap can you live, and how soon you can r

While I agree with the first two lines I have to disagree with the third one. > What you really need to know is, how cheap can you live, and how soon you can retire. How big does your warchest need to be so that it will grow with inflation and so that you can live off that growth without drawing down the principle. That's really all that matters. That's a recipe for disaster. Living cheaply is not the way to go. You want to go big so that you can have resources in case of extraordinary events. You don't want to be the retiree that has to go back to work because they can no longer afford groceries or because their house burned down or whatever.