- quote -

John, I have been reading and enjoying your posts.

As for say, retiring does not mean waiting around to die, but to have
the freedom to do what you want on your own terms. I stopped being a
corporate 9-5 employee at 32, and now feel in control of my own life.
I run three websites to keep me amused, trade stocks, travel, read,
have hobbies, and am happpier than I ever was chained to a desk on
someone else's terms. Sometimes I work harder and longer for my own
benefit, other times I just take a break.

Sure, friends and relatives still ask "what do you do for a living"
and either do not understand or think I'm doing something illegal, but
that is their problem not mine. Neighbors see me at home commnet on
my life of leisure because they do not me driving off daily to join
the rat race with them or how hard I work at home (often late at
night). Probably jealous, even more so if they knew how much more
money you can make working for yourself than for others.

Anyway, liked you posts, and wanted to add my two cents.




Best Regards, Bob Johnson

Directories
------------------- GOLDSHEET Mining http://www.goldsheetlinks.com
COINSHEET Numismatic http://www.coinsheetlinks.com
OILSHEET Energy http://www.oilsheetlinks.com
-------------------

"John A. Weeks III" <john[at]johnweeks.com> wrote in message news:<231020041444061089%john[at]johnweeks.com> ...
- quote -

Yes John, that is exactly for that reason I want to retire early. I
don't plan to be idle when I'll be retired. Actually, I think I will
then do more things than before. I love my job, I get from it nice
feelings of accomplishments from time to time. But I don't have any
control on the time I spend at work. I've choosen a career that imply
I will work in an office, 40-50 hours a week, in front of a computer.
I can't imagine myself doing that for 35 years, even if there are
great challenges out there.

Jack
http://retireat37.blogspot.com

Richard Cline <dcline[at]silcom.com> wrote in message news:<dcline-D8430E.08042923102004[at]news.silcom.com> ...
- quote -

I don't plan to retire from life, but from working to earn wages. For
the part of my life that will start after 37, I have many plans to
spare this time. Actually, I'd like to do now what I intend to do
then, but I cannot since I lack the time. I'm already working
full-time and completing a Ph.D part-time at the same time.

- quote -

I don't rule out marriage, I'm already married, but we have chosen a
long time ago to be financially independent from each other, my
parents did that and I never heard about money at home. For sure, if
she looses her job, for instance, my budget won't be correct anymore.
If that happens before 37, well, maybe I will not be able to retire by
37. If that happens after, maybe I will have to go back to work for
some time. I have no problem with that level of risk.

Parents won't cover extra expenses. Health care (but not medication)
is free in Canada, only have to plan medication insurances, but the
government medication insurance plan costs less than $300 a year.

- quote -

Me neither. As I've said previously, I'm about to finish my Ph.D in a
scientific field, I've done it having a full time job time during the
whole period (never been off a single day, when I had courses during
the day at the university, I did go back to work in the evening at the
office), with no financial help. I did my master degree doing that. I
think, it would be a great personal achievement that I will be proud
of. You may wonder why I do my Ph.D if I intend to retire soon, that
is actually because I don't do it to get a career, but because I like
challenges, particulary the kind of challenges everybody keep telling
you "you will fail" or "that is not possible".

A few years ago, when I did talk about my Ph.D plan to relatives, many
told me that doing a Ph.D part-time while working full-time would not
be as easy as getting my master degree. They were right, but less than
three years later, I'm 6-12 months before starting writing my thesis.

Retiring early is another challenge. But after retirement, I will seek
other challenges. I'd like to learn a fourth language. By that time,
I'm working to improve my english and spanish. I also would like to
start my own business, something I wouldn't risk now, but that I'd be
more comfortable with if I was financially independant.

For sure, in any way, I will have much more time when I'll have
reached financial independance to do things I've put aside for years.

Regards,

Jack

- quote -

He didn't post it here, but his blog states that he has a wife, and
that she might lose her job, so this, atleast should have been taken
into consideration.

BMS wrote:
- quote -

In article <dcline-D8430E.08042923102004[at]news.silcom.com> , Richard
Cline <dcline[at]silcom.com> wrote:

- quote -

I cannot answer for the original poster, but in my case, retirement
means having the ability and financial freedom to pick and choose
what I am going to do with my time without being up against a wall
and having to earn money. I can take a non-profit job, do a fun
project at entry level wages because I like the company or people,
or walk out the door anytime I wish if the management lip off to
me. I can also take off at a minute's notice and go visit something
that I see on TV even if it is half way across the country.

- quote -

I do look at freedom as my greatest accomplishment, and the fact
that I did it at 41 (one year behind my childhood schedule).

-john-

--
================================================== ==================
John A. Weeks III 952-432-2708 john[at]johnweeks.com
Newave Communications http://www.johnweeks.com
================================================== ==================

Did you figure marrying, children and other life events?

Still if you can lead a life style that allows you the opportunity to save
with the ability to make decisions about where and when you want to work and
what you can in your life, go for it.


"Jack Key" <jack06[at]gmail.com> wrote in message
news:ed535d6.0410230533.53edab1b[at]posting.google.com...
- quote -

In article <ed535d6.0410230533.53edab1b[at]posting.google.com> ,
jack06[at]gmail.com (Jack Key) wrote:

One question -- Why? Why do you want to retire so early with such a
limited future? If you retire you will have lots of free time but lack
the resources to explore interesting activities. Your budget seems to
rule out marriage. Are you including health insurance? Can you rely on
your parents for covering extra expenses?

Good luck. I would never look at retirement as my greatest
accomplishment.

Dick
- quote -

Hello,

I plan to retire at 37 (I'm currently 29). A few months ago, I thought
I was going to retire late, like > 60.

I live frugally, and I did it before considering early retirement.
Actually, I have a frugal lifestyle mainly as an environmental choice.

I earn about $50 000 a year and my expenses are less than $15 000.
Thus I put as much as the law permits in my RRSP (IRA). It is only
recently, after reading a book about early retirement, that I've
calculated using a spreadsheet when I would be able retire. I was
astonished to find out that it might be possible for me to retire at
37. I did use rather conservative figures (high inflation, low
investments returns), since I knew I would forget some considerations.
I did the math again and again. I did use tools such as FireCalc. I've
decided to try it. I have 8 years ahead to reach my goal.

I detail my progress on my blog:

http://retireat37.blogspot.com

Part of it is related to frugal living. I'm also much interested my
personal financial planning. Would be glad to hear from you, gettings
tips, comments, etc.

Regards,

Jack.