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earn 400K and "want to retire by 65"
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Topic: earn 400K and "want to retire by 65" (Read 3371 times)
theconcierge
5 O'Clock Shadow
Posts: 40
Location: Australia | Canberra
earn 400K and "want to retire by 65"
«
on:
June 17, 2014, 04:26:41 AM »
http://www.canberratimes.com.au/money/planning/prepare-to-retire-debtfree-20140604-zrwgi.html
Was just reading this in our local paper. Imagine what people here could do with that type of money!
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warfreak2
Handlebar Stache
Posts: 1136
Location: UK
Re: earn 400K and "want to retire by 65"
«
Reply #1 on:
June 17, 2014, 04:31:09 AM »
Uh, yeah. Retire after one year.
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marty998
Walrus Stache
Posts: 7372
Location: Sydney, Oz
Re: earn 400K and "want to retire by 65"
«
Reply #2 on:
June 17, 2014, 04:42:33 AM »
I'll have some of that
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Ozstache
Pencil Stache
Posts: 866
Age: 56
Location: Oztralia
Re: earn 400K and "want to retire by 65"
«
Reply #3 on:
June 17, 2014, 05:21:24 AM »
Reminds me of my older former boss, earning squillions between he and his wife but still with a large mortgage and unwilling to pull back on the lifestyle to which their income has them accustomed. He is still working and I am not. Nuff said!
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theconcierge
5 O'Clock Shadow
Posts: 40
Location: Australia | Canberra
Re: earn 400K and "want to retire by 65"
«
Reply #4 on:
June 17, 2014, 05:31:23 AM »
amazing huh.
I can see how it happens. If you told me 10 years ago what I was earning today I would have told you I would have loaded. Problem was, as I earnt more I spent more - i'd imagine it would keep going if you made 300k.
Lucky I woke up!
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Wildflame
5 O'Clock Shadow
Posts: 84
Re: earn 400K and "want to retire by 65"
«
Reply #5 on:
June 17, 2014, 10:01:25 AM »
The AFR has some gems from time to time, too:
http://forum.mrmoneymustache.com/antimustachian-wall-of-shame-and-comedy/high-income-earners-getting-their-finances-sorted!/msg200575/#msg200575
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earn 400K and "want to retire by 65"