I am 23 and I read a lot from Mr Money Mustache, Early Retirement Extreme, Frugal Hackers, and many others. I fully agree with you but I still save close to 60% of my income (no debt, own my own car/house and have $45k invested in 401k/roth ira/hsa/taxable account) and live extremely comfortable.
I will be able to "retire" by age 33+ but I don't plan on actually quitting work. I am naturally minimalistic and frugal, but I live a very comfortable life on $15-20k or less (past 2 years I've lived on $10k in midwest US).
I am mostly doing this to secure a buffer of time to buy freedom and start-up costs for a small product I am creating.
The concern for health insurance is a huge issue for early retirement, especially when you have a family. I'm an eternal bachelor so that won't be a huge issue for me, so I can't truly comment on it.
I think all your advice is early retirement aligned but with the caveat to buffer for health insurance. I think early retirement has become so popular because the vast majority of Americans don't save for retirement and over-consume (which is not good nor bad but subjective to each person's internal purpose).
I am 23 and I read a lot from Mr Money Mustache, Early Retirement Extreme, Frugal Hackers, and many others. I fully agree with you but I still save close to 60% of my income (no debt, own my own car/house and have $45k invested in 401k/roth ira/hsa/taxable account) and live extremely comfortable.
I will be able to "retire" by age 33+ but I don't plan on actually quitting work. I am naturally minimalistic and frugal, but I live a very comfortable life on $15-20k or less (past 2 years I've lived on $10k in midwest US).
I am mostly doing this to secure a buffer of time to buy freedom and start-up costs for a small product I am creating.
The concern for health insurance is a huge issue for early retirement, especially when you have a family. I'm an eternal bachelor so that won't be a huge issue for me, so I can't truly comment on it.
I think all your advice is early retirement aligned but with the caveat to buffer for health insurance. I think early retirement has become so popular because the vast majority of Americans don't save for retirement and over-consume (which is not good nor bad but subjective to each person's internal purpose).