To increase savings rate or not?

[yellow heel]

I think you will thank yourself later. At least that is what I tell myself.

[disneysteve]

Originally Posted by LivingAlmostLarge

I wonder if all our saving is for nil? I know people say to retire early, but when given the opportunity would we really take it?

If my portfolio balance magically became $4 million dollars tomorrow, I would absolutely, 100%, unequivocally give notice at work. I would transfer a bunch of money into municipal bonds to secure my income and I would hang up my stethescope.

Not to say I wouldn't work at all. I would get more active selling collectibles again, get back on ebay, and do more volunteer work, get more involved with my synagogue, and whatever came along. I'd maintain my medical license so that I could do things like teaching, lecturing, maybe some medical-legal work - who knows.

[sweeps]

That would make for a good thread topic. How much would it take for you to retire right this minute. I think it would be $3 million for me.

[disneysteve]

Originally Posted by sweeps

That would make for a good thread topic. How much would it take for you to retire right this minute. I think it would be $3 million for me.

I think I'll start that thread with your quote.