Wednesday, December 5, 2007

Extreme Early Retirement

Despite the fact that I have an awesome job, retirement is already on my mind. And with only 3 months of a "real job" under my belt, I can help but dream about a day when I don't have to go into work unless I want to.

Yahoo posted this story today and it intrigued me. They called it "Extreme Early" Retirement and it made it sound exciting and edgey. Its something I could see myself doing with the right preperation. Yahoo finance suggests that you :
Set spending and investment priorities now for the future

Stay 100 percent out of debt, except for a mortgage

Invest in stocks through index and mutual funds

Use the compounding effect of time by investing early

Seek a partner with the same financial values

I think most of those are very do-able. Grown up in the home of an accountant has made me extremely money conscience.

I WANT TO TRAVEL

2 comments:

mindy said...

Yay! Now I can post comments to your blog! =) I hope all is going well! I so wish I could have made it to your wedding, but I hear it was incredible! Congratulations again!

Jacob said...

The first item is the most important. In order to retire early, there's a lot of future years that needs to saved for.