Living the Good Life on $24,000 a Year? Retire in Your 20’s or 30’s?

[freeloader]

That’s not for me. I like working, for one thing. My mental health has really struggled during period, such as a while being unemployed when I wasn’t working. I also like a lifestyle that is a little beyond the one OP describes. My wife and I could live pretty comfortably of $50-60k, probably, if our house was paid off. But of course, at that point we would have to buy our own health insurance (too much income for free/very low cost gov’t care), so one or both of us would end up working. If I am going to be working somewhere for $12-$15 to buy health insurance or my current gig where I make around $30/hr, I think I’ll just stay where I am.

The OP plan also is great if everything works just to plan. And you never have to buy a new car. And you don’t have any fancy tastes. Personally, we will stick to what we are doing. Work more/harder now with the aim of retiring at around age 60. OP’s plan would stress me the F out. I would wake up every morning afraid that I might get sick and wreck everything. I would end up giving myself ulcers and it would be a self-fulfilling prophecy.