Re:Interview with Mr. Money Mustache
by jacquesm on Wednesday September 27, 2017 @12:07PM
(#15349185)
It depends on how you define retired. Most people define being retired as living a life without obligations required to bring home the bacon and by that definition MMM is now retired (at his expense levels), but when he made the claim at first I felt he was overselling it. But the blog ads bring in much more than he is spending + passive investments ditto so if he would stop working / bringing in other money besides those streams he would be able to do this forever.
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Re:Interview with Mr. Money Mustache
by phaemon on Wednesday September 27, 2017 @12:20PM
(#15349318)
>when he made the claim at first I felt he was overselling it.
In what way? His passive investments were bringing in far more than his spending, so in what sense was he "overselling" it?
Re:Interview with Mr. Money Mustache
by jacquesm on Wednesday September 27, 2017 @12:26PM
(#15349406)
He had to go on the 'carpentour' to not eat into his savings.
Retirement means not having to work, period.