Early Retirement Extreme

Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity

Do I need a million dollars to retire?

Published in January 7th, 2008

Posted by Jacob in compound interest, consumerism, cost of living, expenses, financial security, frugal, household, rat race, standard of living

7 Comments

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!People keep telling me that I need at least $1,000,000 to retire comfortably. This concerns me somewhat since I don’t have one million and because it would take about 10 more years to save for one. Now, one million [...]

How I became financially independent in 5 years - Part I

Published in December 26th, 2007

Posted by Jacob in compound interest, cost of living, expenses, financial independence, financial security, frugal, inflation, job, liabilities, motivation, personal finance, standard of living, voluntary simplicity

8 Comments

If you enjoy this post, please consider subscribing to the blog. You can subscribe by using one of the options in the upper right corner. Personally, I prefer readers, email and google in that order. Simply click on the links and things should happen automatically.

I posit that most people can attain financial independence in less [...]

It’s only money…

Published in December 6th, 2007

Posted by Jacob in compound interest, consumerism, financial security, money

No Comments

One thing you will hear if you adopt an extreme savings program is the popular refrain “It’s only money”, “There are more important things than money”, etc. I agree with the last statement, but it is NOT just money. It is what money represents that matters.
Money represents many things.
Money is time. It represents the time [...]

Newer Entries »