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So, to recap, we have $13k in debt, a mortgage and land payment, about $10k in a 401k, and $100 in an efund (yeah, you read that right, $100). What we want, is in 15 years, to quit working for "the man", and live comfortably on a self employed income until we "really" retire. Is this doable, or do I need to rethink some of my dreams?

After you pay off your loans, you will need to have savings that will provide the initila seed in your business. Assumign you will not be profitable straight off the bat, you will need to take in considertaion the debt load arising from the clothing inventory and the cost of running a business. You can consider yourself FI when you have no loans except those for your business and your business is generating profits. You can say you are RE when your assets work on sustaining your net worth without active management by you.

- TD
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