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Author: 4gonefool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 741777  
Subject: Re: Retire on $500,000 or less? Date: 2/18/2000 10:31 AM
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We often here of retrirement goals of 1mil, 2mil, 5,even 10, but what about less than $500,00 for those who live below their means and don't need much?That is $12,500-$25,000 personal expenses per year.Anyone with lower goals 0f $250 - 500g? It certainly seems more attainble woth the possibility of attaining more.

If I were single and had $500K, I would retire in a heartbeat. I would live in much cheaper housing, I would barter my time for meals or other favors with friends (my standard fee for help with moving heavy furniture is beer and pizza). GFs would have separate financial responsibilities.

I think I would still go for higher returns on my investments for two reasons. Risk would be more tolerable for a single person and rewards could be applied directly to expensive habits without going through the spouse filter.

4goneFool
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