Moustachian wanna be

[londonbanker]

Hi everyone,

I am new to this forum.

Until 9 months ago, I never really thought about retirement or saving to that matter. I always thought people being able to retire before 45 were either the "inheriters" or those who had sold their dotcoms.

9 months ago my partner and I found out we were pregnant, and this is when I realized that we would be getting old one day, and that our child would have to go to school eventually (and it probably won't be free either)...

The sad reality is that, although we are both in our early 30's and have been making over $500k a year for the past few years, our savings account is virtually in-existent... (Although we have a decent chunk of equity in our house).

Reading this website has been a great wake-up call, and my partner and I are committed to change our lifestyle in order to be able to retire before we get to 50 y/o.

Looking forward to learn about living more frugally and still be content and fulfilled.

[PeachFuzzStacher]

Congrats on your new journey, with money and progeny.

The sad reality is that, although we are both in our early 30's and have been making over $500k a year for the past few years, our savings account is virtually in-existent...

If you're making anywhere near that still, you'll have plenty saved just by starting.  Many people save enough on a tenth of that.

[jbmatth]

Glad to hear you are in the process of converting, it takes time, but is well worth it.  My wife and I at our current rate could retire in our early to mid 40's, and are both 27 now.  I wish you the best and let us know what you are doing to grow your stache.

[nikki]

Congrats on your new journey, with money and progeny.

The sad reality is that, although we are both in our early 30's and have been making over $500k a year for the past few years, our savings account is virtually in-existent...

If you're making anywhere near that still, you'll have plenty saved just by starting.  Many people save enough on a tenth of that.

Ya... I could retire in one year with that level of income. Siighh... 13 more years to go.