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dwade said: Point being, it's not like we don't have control over our lives. Most folks -- even highly skilled tech workers who can change jobs in minutes -- wouldn't consider anything other than being an employee -- but some of us retire early, consult, start a business, or who knows what? That's the great thing about this board, we're all a bunch of radicals in our own little ways. :-)

I think it is interesting that we have this vast difference in what it costs to retire and what income we need in retirement. After reading this thread and several others relating to retireing early on 500k, I wonder if we are comparing apples to oranges in term of quality. First, it doesn't appear to me that dwade is retired. He just changed jobs. Obviously, this is an option to all employees who are unhappy with their jobs but it is not retirement. It can be done on far less money than total retirement.

I also sense that those who are talking about retireing early on lower incomes are younger and haven't experienced the cost of leisure or the cost of inflation.

I would prefer to make sure I can draw more than needed if I find my needs/wants change. As a true retiree, I will have no supplemental income and therefore, feel that 2M is the minimum.

Just my .02.
Paul
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