Comments on: Early retirement: The extreme method http://monevator.com/2010/04/08/early-retirement-extreme-method/ Make more money, invest profitably, retire early Fri, 10 Feb 2012 22:06:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: » Money versus resources Early Retirement Extreme: — written by Jacob Lund Fisker, Freelancer http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-85702 » Money versus resources Early Retirement Extreme: — written by Jacob Lund Fisker, Freelancer Sat, 25 Jun 2011 18:39:34 +0000 http://monevator.com/?p=4413#comment-85702 [...] on Living frugally for early retirement. It is the second in a three part series on Monevator. The first part appeared a week ago and had many comments. Originally posted 2010-04-15 10:12:08. previous [...] [...] on Living frugally for early retirement. It is the second in a three part series on Monevator. The first part appeared a week ago and had many comments. Originally posted 2010-04-15 10:12:08. previous [...]

]]> By: jisan2005 http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-48346 jisan2005 Wed, 22 Sep 2010 06:09:59 +0000 http://monevator.com/?p=4413#comment-48346 Hi, Have been following jacob's web-site for quite some time, wish i had found the web-site a lot sooner, ERE provides a way of thinking -insight if you will- that is not commonly found elsewhere. Regarding people who worry "what if every body started following ERE", think of this world or life as a car & people folowing ERE as the brakes and poeple living the consumer life-style as the accelerator. You can consider them the other way round also. You press the brakes all the time, the car will eventually come to a stand-still. You press the accelerator all the time, the car will eventually come to a stand-still (as in a crash). In the same way, this world or life will continue with both the brakes and the accelerator being used, never only one by itself. What Jacob rants about :) is at the basic level an insight which people should be aware of along with whatever other things they'r passionate about. After all there's no point in digging a well AFTER the house catching fire. Personally though i am rather envious of jacob's lifestle :) Just my 0.02 cents Hi,
Have been following jacob’s web-site for quite some time, wish i had found the web-site a lot sooner, ERE provides a way of thinking -insight if you will- that is not commonly found elsewhere.

Regarding people who worry “what if every body started following ERE”,
think of this world or life as a car & people folowing ERE as the brakes and poeple living the consumer life-style as the accelerator. You can consider them the other way round also.

You press the brakes all the time, the car will eventually come to a stand-still.
You press the accelerator all the time, the car will eventually come to a stand-still (as in a crash).

In the same way, this world or life will continue with both the brakes and the accelerator being used, never only one by itself. What Jacob rants about :) is at the basic level an insight which people should be aware of along with whatever other things they’r passionate about. After all there’s no point in digging a well AFTER the house catching fire.

Personally though i am rather envious of jacob’s lifestle :)
Just my 0.02 cents

]]> By: RETIREMENT MYTHS AND REALITIES http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-46381 RETIREMENT MYTHS AND REALITIES Wed, 08 Sep 2010 08:21:35 +0000 http://monevator.com/?p=4413#comment-46381 [...] Consumerism Commentary gets down to the benefits of target retirement funds, Monevator looks at an extreme methods of retiring, Wealth Pilgrim looks at the best investments for retirement and Bucksome Boomer asks is phased [...] [...] Consumerism Commentary gets down to the benefits of target retirement funds, Monevator looks at an extreme methods of retiring, Wealth Pilgrim looks at the best investments for retirement and Bucksome Boomer asks is phased [...]

]]> By: » Early Retirement Extreme – My story Early Retirement Extreme: — written by Jacob Lund Fisker, Freelancer http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-37360 » Early Retirement Extreme – My story Early Retirement Extreme: — written by Jacob Lund Fisker, Freelancer Sat, 12 Jun 2010 15:19:06 +0000 http://monevator.com/?p=4413#comment-37360 [...] Early retirement: The extreme method [...] [...] Early retirement: The extreme method [...]

]]> By: Weekly Favorites and Gratitude! «Budgeting In the Fun Stuff http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-37013 Weekly Favorites and Gratitude! «Budgeting In the Fun Stuff Tue, 08 Jun 2010 20:04:27 +0000 http://monevator.com/?p=4413#comment-37013 [...] – Early Retirement: The Extreme Method  This is a guest post that seemed refreshing to my cubicle-ridden [...] [...] – Early Retirement: The Extreme Method  This is a guest post that seemed refreshing to my cubicle-ridden [...]

]]> By: Steve http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-32513 Steve Mon, 26 Apr 2010 19:24:50 +0000 http://monevator.com/?p=4413#comment-32513 Working for "The Man" may or may not be riskier than the stock market. Most people are less nervous about risks they feel they have some control over - however small, or even illusory that control; and regardless of the risk post-control still being higher than an uncontrollable, but small risk. Compare the risk of dying in a car crash vs. a plane crash - a large risk but since everyone thinks they're an above-average driver, they think they are less at risk than average; vs. a very small chance of dying in a plane crash, but with zero control over it (other than how often you fly.) Working for “The Man” may or may not be riskier than the stock market. Most people are less nervous about risks they feel they have some control over – however small, or even illusory that control; and regardless of the risk post-control still being higher than an uncontrollable, but small risk. Compare the risk of dying in a car crash vs. a plane crash – a large risk but since everyone thinks they’re an above-average driver, they think they are less at risk than average; vs. a very small chance of dying in a plane crash, but with zero control over it (other than how often you fly.)

]]> By: Concojones http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-32050 Concojones Fri, 23 Apr 2010 00:04:46 +0000 http://monevator.com/?p=4413#comment-32050 Quote Jacob: "Today we are twice as productive as in the 1950s, meaning we could live a 1950s lifestyle with better technology and a four-hour work day as a single income family." Brilliant comment!! We've lost perspective as a society... Quote Jacob: “Today we are twice as productive as in the 1950s, meaning we could live a 1950s lifestyle with better technology and a four-hour work day as a single income family.”

Brilliant comment!! We’ve lost perspective as a society…

]]> By: Best of Money Carnival: Your Top 10 of Personal Finance http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-31776 Best of Money Carnival: Your Top 10 of Personal Finance Mon, 19 Apr 2010 11:06:12 +0000 http://monevator.com/?p=4413#comment-31776 [...] Early Retirement: The Extreme Method (by Jacob, posted at Monevator): Jacob shares part of this story about becoming financially independent at 30. Care to read more? [...] [...] Early Retirement: The Extreme Method (by Jacob, posted at Monevator): Jacob shares part of this story about becoming financially independent at 30. Care to read more? [...]

]]> By: Recommended Personal Finance Articles http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-31664 Recommended Personal Finance Articles Sun, 18 Apr 2010 14:52:22 +0000 http://monevator.com/?p=4413#comment-31664 [...] Early Retirement: The Extreme Method — guest post by Jacob from Early Retirement [...] [...] Early Retirement: The Extreme Method — guest post by Jacob from Early Retirement [...]

]]> By: Money Hackers Network Carnival #111 - Don't Hassel the Hoff Edition http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-31126 Money Hackers Network Carnival #111 - Don't Hassel the Hoff Edition Wed, 14 Apr 2010 10:17:12 +0000 http://monevator.com/?p=4413#comment-31126 [...] Early retirement: The extreme method @Monevator - Simple awesome. READ this post. [...] [...] Early retirement: The extreme method @Monevator - Simple awesome. READ this post. [...]

]]> By: Early Retirement Extreme http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-31060 Early Retirement Extreme Tue, 13 Apr 2010 00:41:40 +0000 http://monevator.com/?p=4413#comment-31060 I think it's a bug too. It didn't used do that. Anyways, it is "easy" to run your own MC. You can get the historical data from yahoo finance. In my view, consider that many things grow at 3% real rates (trees, populations, ...) I think a 3% withdrawal rate is good regardless of what one invests in. Also, my strategy is to be flexible enough to survive whatever the money does. IOW, I think my ability not to spend on stuff is worth [a lot] more than an extra million bucks in the bank. .-= Early Retirement Extreme on: <a href="http://earlyretirementextreme.com/2010/04/one-more-year-before-comfort.html" rel="nofollow">One more year before comfort</a> =-. I think it’s a bug too. It didn’t used do that. Anyways, it is “easy” to run your own MC. You can get the historical data from yahoo finance. In my view, consider that many things grow at 3% real rates (trees, populations, …) I think a 3% withdrawal rate is good regardless of what one invests in. Also, my strategy is to be flexible enough to survive whatever the money does. IOW, I think my ability not to spend on stuff is worth [a lot] more than an extra million bucks in the bank.
.-= Early Retirement Extreme on: One more year before comfort =-.

]]> By: The Investor http://monevator.com/2010/04/08/early-retirement-extreme-method/comment-page-1/#comment-31044 The Investor Mon, 12 Apr 2010 21:38:55 +0000 http://monevator.com/?p=4413#comment-31044 (Basically, I think it's a bug. It's easy to get negative values etc using different starting variables). (Basically, I think it’s a bug. It’s easy to get negative values etc using different starting variables).

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