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Author: readyteddy 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 740227  
Subject: Re: retire early? Date: 5/15/2003 8:57 AM
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What I love about retirement so far is how much less my already modest expenses are.

I used to subway to work. $2.30 each way, twice a day, 5 days a week, $100 a month, easy. KA-CHING!

Then you gotta go find some expensive crap for lunch, just to get out of the office for a while. $5 a day, KA-CHING!

Then there were those Social Security and Medicare deduction from the paycheck. $6,854.58 a year. $571 a month! KA-CHING! Next time I talk to those folks, it is going to be to start getting that money back!

Shirts and ties and suits? I don't think so! KA-CHING!

Then there's the State and Federal Income tax.... way north of $2000 a month KA-CHING. Now my income is in my tax exempt accounts and I draw down from my taxable accounts. Income, what income? he-he-he!

....and the contributions to those savings plans, at least $1000 a month, year after year, hoping I'd not regret it some day. KA-CHING!

There were times when I was working when I felt like I should just take out a big insurance policy, make all these people who had a hand out the beneficiaries, blow my brains out and eliminate the middle man :(

Free at last, free at last, Great God Almighty I am free at last! How did I do it? I paid myself first.
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