If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!After yesterday’s post, I got this interesting question from “The Executioner” (slightly rephrased)
“You still have a full-time job, right? How can you call your blog “Early Retirement Extreme” if you’re still on someone’s payroll as a full-time employee?”
Yes, I [...]

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The question “how much do you need to retire?” is pretty much standard. Conversely, “how little do you need to retire?” is extremely rare. Just consider, for a moment, the difference in perspective required to ask that question. Many simply don’t get it. Perhaps it is no wonder when living in a society that always [...]

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It is now possible to buy extreme early retirement for under six figures. No, it’s not what you think. I’m not talking about selling my site (*), rather I’m talking about the ongoing decline in the market which has made dividend yields very high compared to just a year ago
(*) If someone wants to buy [...]

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Today the S&P500 continued its downward trajectory. If you had bought index funds 10 years ago or 5 years ago, you would have gotten exactly nowhere(*). In October 1998, 10 years ago, the S&P 500 traded around 995. In September 2003, 5 years ago, the S&P 500 also traded around 995. In between those dates, [...]

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The two prevalent numbers for the middle class are net worth and credit score. These numbers are, however, not very useful if you wish to retire very early. Credit score measures your ability to take on debt and be obligated to work for others, and net worth says very little about how well your money [...]

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Monetary cost: $50/month = $600/year which requires savings of at least $15000 to sustain in retirement. Financially, a cable subscription will delay retirement for more than a year for most people. This assumes that one does not buy a new $1200 TV every other year which will double the numbers.
A much bigger cost is opportunity [...]

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In my recent post on How to retire in 5 years, I defined financial independence/early retirement at the point where expenses equals 4% of investable assets. Retired Syd asked what my underlying assumptions were for the 4% withdrawal rate, specifically
Would someone that is planning on extremely early retirement (say in their 30’s) really be safe [...]

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After going on about the zen and glory of padded envelopes for some time now, I have realized that a refresher on how to retire extremely early (for those who are younger than 35) and how to retire in short order (for everybody who is older) might be in order. After all, this is this [...]

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Yes, we’re home owners, now! That means we get to deduct the interest on our tax return as the seller was happy to inform us, multiple times even. I’m not interested in just “deducting” the interest. We’re in the 25% tax bracket, so that means we would still be paying the other 75% to the [...]

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Is it possible to live a meaningful life after retiring early, like really early? I think this entirely comes down to the person. I think a person that manages to secure retirement at a young age is a fairly driven individual. I think there is little risk that this person ends up spending all day [...]

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