Comments on: Our Early Retirement Plan: My Personal Income (Part 2) http://www.lazymanandmoney.com/our-early-retirement-plan-my-personal-income-part-2/ Saving, Earning, and Investing Money Sun, 21 Mar 2010 23:11:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: marci http://www.lazymanandmoney.com/our-early-retirement-plan-my-personal-income-part-2/comment-page-1/#comment-113537 marci Fri, 07 Nov 2008 17:17:02 +0000 http://www.lazymanandmoney.com/?p=1173#comment-113537 Yes - I would think one could make it just fine on $84,000 LOL! For me, that would be a fortune! I do fine on under $20,000/yr. I am actually looking forward to a financial retirement, as all my stuff together will about double that figure! I won't know what to do with that kind of money - except reinvest it ...again! I'm set for retirement, but still work 30 hrs wk/for the free health insurance, cell phone, gas, matching 401K,and some other freebies. But this job is like being mentally retired already. Nice flexible hours, plenty of free time, internet at work no problem.... I just need to show up, keep the doors open, answer the phone, and do a minimum of paperwork. The rest of the time at work is mine to do as I please .... and only 10 minutes from home. Who wouldn't like such a job :) Until I find a low cost health insurance plan, for the 'just in case' factor, I'll probably continue in this quasi-job that I really enjoy 'not' working :) Yes – I would think one could make it just fine on $84,000 LOL! For me, that would be a fortune!

I do fine on under $20,000/yr. I am actually looking forward to a financial retirement, as all my stuff together will about double that figure! I won’t know what to do with that kind of money – except reinvest it …again!

I’m set for retirement, but still work 30 hrs wk/for the free health insurance, cell phone, gas, matching 401K,and some other freebies.
But this job is like being mentally retired already. Nice flexible hours, plenty of free time, internet at work no problem…. I just need to show up, keep the doors open, answer the phone, and do a minimum of paperwork. The rest of the time at work is mine to do as I please …. and only 10 minutes from home. Who wouldn’t like such a job :)

Until I find a low cost health insurance plan, for the ‘just in case’ factor, I’ll probably continue in this quasi-job that I really enjoy ‘not’ working :)

]]> By: Lazy Man http://www.lazymanandmoney.com/our-early-retirement-plan-my-personal-income-part-2/comment-page-1/#comment-113200 Lazy Man Thu, 06 Nov 2008 22:15:23 +0000 http://www.lazymanandmoney.com/?p=1173#comment-113200 I'm not using a SEP-IRA yet. I use too much of my money to live on for now while I grow my businesses. I have to look into all the options out there, but the SEP-IRA was an example off the top of my head of one type of retirement vehicle for the self-employed. I’m not using a SEP-IRA yet. I use too much of my money to live on for now while I grow my businesses. I have to look into all the options out there, but the SEP-IRA was an example off the top of my head of one type of retirement vehicle for the self-employed.

]]> By: Start-Up http://www.lazymanandmoney.com/our-early-retirement-plan-my-personal-income-part-2/comment-page-1/#comment-113173 Start-Up Thu, 06 Nov 2008 21:13:50 +0000 http://www.lazymanandmoney.com/?p=1173#comment-113173 Very interesting series, as I would not mind retiring early as well. One question regarding your self-employed retirement account. Why are you using a SEP-IRA instead of a solo 401k? I currently have tutoring income that is self-employed and am looking into my retirement account options. I am under the impression that solo 401ks allow you to put more money away. I linked my website with solo 401k information to my name above. What are your thoughts? Very interesting series, as I would not mind retiring early as well. One question regarding your self-employed retirement account. Why are you using a SEP-IRA instead of a solo 401k? I currently have tutoring income that is self-employed and am looking into my retirement account options. I am under the impression that solo 401ks allow you to put more money away. I linked my website with solo 401k information to my name above. What are your thoughts?

]]> By: kiwibloger http://www.lazymanandmoney.com/our-early-retirement-plan-my-personal-income-part-2/comment-page-1/#comment-112671 kiwibloger Wed, 05 Nov 2008 10:42:53 +0000 http://www.lazymanandmoney.com/?p=1173#comment-112671 Sounds like a good plan. Especially I like the idea of web page income. It gets you same money (quite decent amount I hope) even when you sleep. Well done! Sounds like a good plan. Especially I like the idea of web page income. It gets you same money (quite decent amount I hope) even when you sleep. Well done!

]]>