No. of Recommendations: 1
he's really not retired though.

He'd have a hard time managing on a 4% SWR from that nestegg....and he has one money losing house to unload ...maybe taking a 33% loss on it.

He and wife both work ......maybe not 60 hour weeks, but they work. They are tied down.

They have one kid who is going to start consuming lots of money as it grows up..and maybe they have plans for a second.

Yes, he has a nice nest egg...but I suspect he'll be working a good part of the year.

A lot of folks could do the same if they put their mind to it.


Likely by bailing early, he didn't contribute much to SS so he won't be getting much when he reaches 'retirement age',...if SS is still there by then.

and 4% doesn't work for a 50 year withdrawal period.

He's just good at 'working on the side' and I suspect half his income is 'tax free'.



t.
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