3 ms·
The "early retirement community" has people who manage to retire early while having kids. Check out http://www.earlyretirementextreme.com http://www.earlyretire
by s3nnyy 11y ago
The "early retirement community" has people who manage to retire early while having kids. Check out http://www.earlyretirementextreme.com http://www.earlyretirementextreme.com.
The real trick is living way below your means. The main cost factors for most people are shelter, transportation and food. If you manage to lower these three recurring expenses considerably, you can retire within 5-10 years (even if you don`t make a six figure income).
- titanomachy 11y agoYou mean living well within your means?
- deleted 11y ago[deleted]
- vasilipupkin 11y agoThe problem with early retirement and having kids, is that kids need to go to school and presumably, in one place. So you can't just bounce around the world when you have kids, or at least it's not as easy, finances aside.
- ph0rque 11y agoHomeschooling gives you the opportunity to take school with you when you bounce around the world.
- orasis 11y agoMy unschool and homeschool friends bounce around with their kids just fine.
- revelation 11y agoWhy would you bounce around the world? That doesn't sound like the key to success for early retirement.
- s3nnyy 11y agoEarly retirement does not imply any preferences regarding travel. Early retirement means that you are financially independent, which is defined as the state of having sufficient personal wealth to live, without having to work actively for basic necessities.
- anonbanker 11y agoSpeaking from experience here?
- superasn 11y agoThanks for that amazing link. Anyone who enjoyed the original article will find the FAQ on this site {earlyretirementextreme.com} very insightful and interesting .