Posts Tagged ‘finances’

Early retirement

Tuesday, January 6th, 2009

On January 26th, 1977, a momentous occasion occurred that forever altered the course of the world. That event, of course, would be my birth.

In 20 days, I'm going to be 32. That only gives me three years until I reach 35, which is the age that I've always told myself I would retire.

It's still completely within reach. Since hiring that little evil blonde Pandora's box of profanity, sex appeal and attitude, the business has done very well, and new implementations are only going to serve to increase our revenue.

I tell myself, half-joking, that all I need is to sell my company for about $50 million, and I could retire safely. But what does it actually take to retire? Do you calculate the income you need for the next fifty years? Do you just pick a high, random number? Would $1 million be enough for me to retire comfortably? Probably not. But 5? 10?

How do I figure these things out? And if I did ever end up with $10 million or more, could I swim in it like Scrooge McDuck?


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Guest post alert! Not to be overly congratulatory, but I wrote a poignant and hilarious guest post for Lotus over at Sarcastic Mom today – go check it out and leave me some comment love!

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