What more can a poor boy do? Early retirement is based on the idea that cutting the cost of living decreases the amount of time required to build a source of passive income to fund that cost of living . Saving 50% of your income equates to retirement in 17 years. Five years is a common claim for practitioners. At least, for ones who blog about it. However, early retirement blogs like Mr Money Mustache , Early Retirement Extreme , and Go Curry Cracker ignore the limitations of this practice, particularly for those on low incomes.
I try to write something smart twice a month.