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I guess it's possible to retire in 5 years if you live a bare essentials existence and have a $80,000 income, but when your earnings are much more average and you want some of the things that make life a little more pleasant you're looking at a longer working life.
Still, it got me thinking. If living a minimalist existance for 5 years would guarantee I'd never have to work again, how much would I be prepared to give up?
No car? Don't have one anyway.
Shop in thrift stores forever after? Fine by me.
Never eat icecream and cake again? I guess so.
Give up drinking tea? Umm, I may have to think about this.
Spend the rest of my life knitting from my stash? Noooo you can't do this to me. I defend my right to buy more wool even if I'm working in Mcd's at 90.
How far are you prepared to go?