In our conversation I ask Travis:
How much money do you need to save by 25 to feel as though you can retire? And what do you mean exactly by retire?
How does he plan to spend the rest of his life?
How can the rest of us follow suit? He’s got some unique advice.
so... about those questions? :D
since the rest of the link is pandering the author's books...
I don't mind people saying they retire early but I have the same issue that I have with millennials traveling the world in their 20s... IE they are picking cheap places because they can't afford otherwise. Nothing against it, but when I want to retire, I want to do so in a fashion that I can do it anywhere in the world, NYC/Hong Kong or the middle of the Midwest or cheap Asian places. So I'll aim for retirement in my 40-50s.
if you've somehow managed to retire in the middle of NYC on a low budget, I'm all ears.
edit: I take back my old criticism, seems like he outlined it pretty well
http://millennialmoola.com/2015/06/22/how-to-retire-in-your-20s/going by that I guess I could be "retired" too... Got about that much invested already (was aiming for $1-2 million...). If I worked 3-4 months as a contract traveller, I could cover the rest of the year too I guess, but I like my job still. but I don't consider part time working income as "retirement" more so than just cheap living. IE, how the old ski resort workers would work at the lodges then ski in their free time. They enjoy that life, I don't.
edit: plus I'll be collecting on SS, annuity in birth country, and a pension too :? I should probably work long enough to make it worth while to the country to support me.