Hi fellow MMM peeps :)
I was hoping that I can have some voices of reason to help balance out the chat I had with my accountant (and friend) yesterday. He is great at what he does, and found lots of additional deductions that I wouldn't have known to claim :) HOWEVER... while doing my taxes (I know, very late to be doing them now) he told me in a very authoritarian voice that I need "AT LEAST AU$1.7 million in super" before I can even think about early retirement. He also told me that I can't live off less than AU$1000 per week, but ideally I should be making at least AU$1400 per week.
But, in reality..
Due to a workplace injury, I'm only making AU$600 most weeks. It's very dependent on how much pain I am in, it's been like this since returning to work last year after 9 months off, and it's not going to get better in the near future. I'm paying off my mortgage, and have no CC debt, and I have saved a little since going back to work in March last year. I feel like I have been doing very well considering the situation I ended up in, but now I'm feeling pretty deflated.
Can I have some reassuring voices that it's ok to not have huge overheads and expectations? I normally find it easy to brush this stuff off, but it's more difficult to do it when the person saying it is a "personal finance expert".
I should also add that my accountant has 2 premium-branded SUVs and another car in the driveway (all his).