- On how long it takes to save up enough money that you don't need to work: depends on your assumptions, but yes it takes some years of work. There are lots of people who write on this, I especially like: http://www.mrmoneymustache.com/
- I don't personally have enough money to pay for my current living expenses for the 70-odd years I hope to remain alive. It was an important shift for me when I stopped thinking this was necessary. I have enough money to glide for several years, and I'm confident that either some money will come my way during those years (and I believe it's a little easier to make money when you're not worried so much about it), or I will at least have enough time to notice I'm running out and adjust course. I'm not too worried about the "hole in my resume". If you do interesting stuff with your life, you'll always have a good story to tell. Maybe your story isn't optimized for going up a certain career ladder, but who cares?
- I don't think luxuries are bad, and I think you spending money on a piano could be an awesome use of your time on earth. I just think we don't realize quite how many choices we have. I know lots of poor musicians find ways to get access to pianos, and owning a house out here in 29 Palms is certainly not too costly. But that doesn't mean you have to do it that way!
- I also spent more money while I was working long hours in part to "de-stress". While I don't think it was strictly necessary, I don't think it's crazy. It's just useful to remember that those "de-stressing" costs disappear when you leave the stressful situation.
Hey I really appreciate that you took the time to respond to me.
I completely agree with all your points! I'm definitely looking to find ways to start saving so that I'll be able to spend some time not working sooner. And I am sure that once I stop working I won't have to de-stress as much!
I am sure it will be glorious.. being able to do things just because you feel like it! That's the dream
Actually I have a question! If you aren't going to be able to permanently not have a job, don't you worry about your retirement or savings? After all, what you invest should compound so the earlier the better! Or so that's what I read..
We're still a few years off from worrying about schools, but it is the sort of thing that makes us toy with the idea of some variety of home-schooling. I'm sure there other nuisances around, but I'm a desert rat and I think this place is absolutely beautiful (although my opinion of the desert usually dips a little in July and August).
- I don't personally have enough money to pay for my current living expenses for the 70-odd years I hope to remain alive. It was an important shift for me when I stopped thinking this was necessary. I have enough money to glide for several years, and I'm confident that either some money will come my way during those years (and I believe it's a little easier to make money when you're not worried so much about it), or I will at least have enough time to notice I'm running out and adjust course. I'm not too worried about the "hole in my resume". If you do interesting stuff with your life, you'll always have a good story to tell. Maybe your story isn't optimized for going up a certain career ladder, but who cares?
- I don't think luxuries are bad, and I think you spending money on a piano could be an awesome use of your time on earth. I just think we don't realize quite how many choices we have. I know lots of poor musicians find ways to get access to pianos, and owning a house out here in 29 Palms is certainly not too costly. But that doesn't mean you have to do it that way!
- I also spent more money while I was working long hours in part to "de-stress". While I don't think it was strictly necessary, I don't think it's crazy. It's just useful to remember that those "de-stressing" costs disappear when you leave the stressful situation.