2853: MMM Reader Case Study: The Man Who Didn't Realize He Was Already Rich by Mr. Money Mustache on Early Retirement

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2M ago 13:25

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Episode 2853:

Mr. Money Mustache shares an insightful reader case study of a family realizing they are closer to early retirement than they thought. With strategic financial adjustments, the reader learns they can enjoy financial independence much earlier than their initial projection of age 65.

Read along with the original article(s) here: http://www.mrmoneymustache.com/2011/05/16/mmm-reader-case-study-the-man-who-didnt-realize-he-was-already-rich/

Quotes to ponder:

"You can retire a lot earlier than most people if you have moderate living expenses. Even without a million dollars in investments."

"I believe most people who retire well under 60 will find they WANT to do some paid work occasionally to keep their minds sharp and to have challenging interactions with other adults."

Episode references:

Choose FI Local Groups: https://www.choosefi.com/local-groups/

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

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3609 episode