Comments on: My Plan to Retire at 50 http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/ Extreme Frugality - How to Live Well on Very Little Wed, 08 Feb 2012 13:09:39 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Harriston http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-31299 Harriston Fri, 08 May 2009 01:20:12 +0000 http://tightfistedmiser.com/?p=498#comment-31299 Just wanted to say that I love your blog. You have some real quality information here and its become a bit of a must read for me. Keep up the great work! Just wanted to say that I love your blog. You have some real quality information here and its become a bit of a must read for me. Keep up the great work!

]]> By: Living in a Foreign Country : Tight Fisted Miser http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-29859 Living in a Foreign Country : Tight Fisted Miser Tue, 14 Apr 2009 21:43:29 +0000 http://tightfistedmiser.com/?p=498#comment-29859 [...] mentioned before that living in a foreign country is something I’m considering as part of my plan to retire at 50. Based on my past experience of living for three months on $450 in Guatemala I know that living in [...] [...] mentioned before that living in a foreign country is something I’m considering as part of my plan to retire at 50. Based on my past experience of living for three months on $450 in Guatemala I know that living in [...]

]]> By: Tight Fisted Miser http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19981 Tight Fisted Miser Sun, 05 Oct 2008 14:52:03 +0000 http://tightfistedmiser.com/?p=498#comment-19981 HIB- Thanks. A van would be much simpler than an RV and I plan to drive a fair amount so the gas savings would be significant. Check out Early Retirement Extreme to see some of the problems you can have with an RV. I couldn't find the interview on your blog but I'd like to read it. HIB- Thanks. A van would be much simpler than an RV and I plan to drive a fair amount so the gas savings would be significant. Check out Early Retirement Extreme to see some of the problems you can have with an RV.

I couldn’t find the interview on your blog but I’d like to read it.

]]> By: HIB http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19873 HIB Fri, 03 Oct 2008 02:45:23 +0000 http://tightfistedmiser.com/?p=498#comment-19873 A van doesn't sound too appealing, but Guatemala could be cool. As an extension on the van idea, there are quite a few people who live in RVs. No property taxes. I actually just interviewed a couple who does just this. They actually work at an RV site for extra money and free RV hookups. I'm now 30 and would like to retire at 40. I'm in the process of getting an detailed plan together. Right now, my plan calls for buying up rental houses for cash flow. We're also saving pretty aggressively and are moving to a smaller, cheaper house in the spring. Good luck TFM and great post! -HIB A van doesn’t sound too appealing, but Guatemala could be cool. As an extension on the van idea, there are quite a few people who live in RVs. No property taxes. I actually just interviewed a couple who does just this. They actually work at an RV site for extra money and free RV hookups.

I’m now 30 and would like to retire at 40. I’m in the process of getting an detailed plan together. Right now, my plan calls for buying up rental houses for cash flow. We’re also saving pretty aggressively and are moving to a smaller, cheaper house in the spring.

Good luck TFM and great post!
-HIB

]]> By: Making Money on the Side : Tight Fisted Miser http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19577 Making Money on the Side : Tight Fisted Miser Wed, 24 Sep 2008 23:29:41 +0000 http://tightfistedmiser.com/?p=498#comment-19577 [...] part of my plan to retire at 50 is to continue to make money on the side. That might more properly be called semi-retirement. [...] [...] part of my plan to retire at 50 is to continue to make money on the side. That might more properly be called semi-retirement. [...]

]]> By: FBN Roundup- Birthday Edition : Tight Fisted Miser http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19442 FBN Roundup- Birthday Edition : Tight Fisted Miser Sat, 20 Sep 2008 23:57:04 +0000 http://tightfistedmiser.com/?p=498#comment-19442 [...] Finance this week which was hosted by The Personal Financier.  It included my post about my “Plan to Retire at 50.”  Just because I plan to retire then doesn’t mean I won’t be doing anything.  [...] [...] Finance this week which was hosted by The Personal Financier.  It included my post about my “Plan to Retire at 50.”  Just because I plan to retire then doesn’t mean I won’t be doing anything.  [...]

]]> By: Tight Fisted Miser http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19220 Tight Fisted Miser Tue, 16 Sep 2008 16:49:45 +0000 http://tightfistedmiser.com/?p=498#comment-19220 Retiredat47- Thanks for the encouragement. Health insurance is something I'm worried about. Retiredat47- Thanks for the encouragement. Health insurance is something I’m worried about.

]]> By: RetiredAt47 http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19214 RetiredAt47 Tue, 16 Sep 2008 14:36:15 +0000 http://tightfistedmiser.com/?p=498#comment-19214 If you are serious about your plan,diligent about saving, and remain flexible, it can be done. I originally planned to retired between the ages of 42 and 44, but ended up having to revise that to 47. I am flexible about my spending and working part-time, as necessary. One big thing I forgot to factor when I first started planning was inflation. You can't really plan to spend all your investment income every year, or you'll run short as inflation takes a bite. My two biggest concerns right now are health insurance and property taxes. If you are serious about your plan,diligent about saving, and remain flexible, it can be done. I originally planned to retired between the ages of 42 and 44, but ended up having to revise that to 47. I am flexible about my spending and working part-time, as necessary.

One big thing I forgot to factor when I first started planning was inflation. You can’t really plan to spend all your investment income every year, or you’ll run short as inflation takes a bite. My two biggest concerns right now are health insurance and property taxes.

]]> By: Frugal Babe » Archive » Last Week In The Frugal Blog Network http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19184 Frugal Babe » Archive » Last Week In The Frugal Blog Network Mon, 15 Sep 2008 16:57:51 +0000 http://tightfistedmiser.com/?p=498#comment-19184 [...] from Tight Fisted Miser writes about his plan to retire at 50.  He points out that his past retirement goals have come and gone, because he wasn’t as [...] [...] from Tight Fisted Miser writes about his plan to retire at 50.  He points out that his past retirement goals have come and gone, because he wasn’t as [...]

]]> By: Tight Fisted Miser http://tightfistedmiser.com/2008/09/09/my-plan-to-retire-at-50/comment-page-1/#comment-19133 Tight Fisted Miser Sat, 13 Sep 2008 16:06:57 +0000 http://tightfistedmiser.com/?p=498#comment-19133 DGI- I'm familiar with the standard 4% withdrawal rate. I'd feel comfortable taking a higher amount though if I'm actually yielding more than that. I do plan on having some income plus SS eventually. Claire- In hindsight law school probably wasn't the smartest move. I might occasionally use my law degree after I'm retired. Aurelia- There are lots of resources out there to plan for retirement. I'm keeping mine very simple though. I'm just guessing what my monthly expenses will be and planning to have more than enough to meet them. DGI- I’m familiar with the standard 4% withdrawal rate. I’d feel comfortable taking a higher amount though if I’m actually yielding more than that. I do plan on having some income plus SS eventually.

Claire- In hindsight law school probably wasn’t the smartest move. I might occasionally use my law degree after I’m retired.

Aurelia- There are lots of resources out there to plan for retirement. I’m keeping mine very simple though. I’m just guessing what my monthly expenses will be and planning to have more than enough to meet them.

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