http://www.dailyfinance.com/2014/09/18/early-retirement-fantasy-why-reality-not-worth-it/
I hope you all realize that living on 25% of your income means you will be miserable. Why didn't anyone tell me this sooner!!! Also post retirement is boring and I'll be desperate to go back to work. You people have been lying to me.
"I hope you all realize that living on 25% of your income means you will be miserable." BWHAHAHAHAHAH. I do hope this is a joke.
Sorry, but you and the author of this article are making inane assumptions, you may not belong on this forum. I live on less than 25% of my income ($26,000), and I live GREAT. I am the OPPOSITE of miserable.
I live in a good area with a low cost of living, and spend A LOT of money on things for myself, and others.
I think you are confusing being cheap (aka being miserable, greedy, stingy, which might be your case) with being SMART (getting the most utility out of your money, while still living well).
"Also post retirement is boring and I'll be desperate to go back to work." BWAHAHAHHAHAHAHAH. Again, I just had to. This statement is just plain stupid. My father has been retired for 15 years and is CONSTANTLY keeping busy and having fun. I plan on doing the same.
I think you should read some more MMM - you obviously missed a lot of good information. Or these ideas just might not be for you, some people's brains are different. This is the true for everything people believe and do, which is why you simply should not argue about things like this
PS : On a side note, I think you should consider that the definition of "retire" on THIS forum, does not mean to never work again. It is used here because it sounds good. The word "retire" to us means being able to quit your job at any time and still live just as well. Plenty of us still do work after we "retire", but it is work we enjoy.
Also, no one is telling you to quit your job if you enjoy it. I see no reason to quit because I am still young, make a lot of money, and enjoy my job.
Sorry if I was offensive, I just thought that this was pretty ridiculous.
EDIT : If you don't have a high salary, it doesn't mean you have to live off 25% of your income. The idea is to cut out the money you waste that DOESN'T make you happier.