If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?
65% of what I spend right now? do we assume my mortgage is paid off and I get 65% of that money, too?
I’m currently spending less than I would like to so that I can save for retirement. do I just get 65% of all that money that I would otherwise be spending, in this scenario?
if yes to the above questions, easily. if not, no