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
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra