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RE: Early Retirement Extreme Update: On track to quit work this August, and fully retire by 2022....

in #money7 years ago

Congrats man! How quickly you can save up a TON of wealth once you flip that mindset is truly amazing. I mean look how far you have come the last 4 years compared to all the years previously? What a difference!

So it really is the mindset as I bet you still had as good an income before the mindset change as you have after.

I'll be retiring right behind ya, one year from now! At age 37, whoohoo! :D

(retire doesn't mean I won't work, just that I won't HAVE to because I already have enough coming in)

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Yes it was a change in mindset in 2014... although to be fair the high income helped with motivation... having worked out that I need around £600/ month as bare 'survival income' (post mortgage) - putting away £600 a month kind of became my goal - a month for a month (and more with compound interest) - very motivation.

I do look at your posts BTW - you've made great progress, I wish I'd stumbled on the whole ERE thing early, but as they say up north, 'it is what it is'....

I'm with you on the whole retiring and still working thing.. they way I see it is I love writing/ blogging, which I'll still do, but when you're financially free it just takes all the publication pressure off - I'll be free to take my time and write one outstanding post a month rather than churning out one a day.