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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75616  
Subject: Re: Retire at 30 Date: 4/27/2013 5:06 PM
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Still, the concept of saving heavily allowing you the option to retire very young is a good one. The article mentions saving 50%. To me the optimum is live on one-third of gross, invest one-third, and use the other third for taxes and benefits.

Of course, many reject that as being impossible. I think its easiest for those like Julia Roberts who make $12MM per picture. But too often people fall into the trap of spending what they make--often for frivolous stuff.

Giving careful thought to what you need for happiness often reveals that much of what you spend is virtually wasted. "Stuff" is purchased, used briefly, and discarded. Saving more is not difficult for those who are serious about it.

And as I recall, one who did that successfully is the OP, Intercst.
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