Plan to retire early with no intention of surviving past 60

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Something else to at least partially keep in mind is that 30 years in the world of medical development is a long time. There may be treatments that develop during that period which change your ultimate outcome. So I’d be at least a tiny bit cautious about putting all your eggs in the “zero dollars left by age 60” plan.


I’d consider finding a part time job for your 40’s and 50’s you wouldn’t mind doing. Maybe thats gardening, librarian, park volunteer, etc. It’ll help your money stretch farther in retirement, keep you active and your body will still be in the shape to doit.


I guess the major caution here is that 30 years is a paradigm shifting amount of time for cancer treatment and that planning to die younger than you do is listed by most advisors as a top cause of retirement poverty. Which is to say unless you plan on making your 60th birthday a hard stop no matter what, you need to have some plans in case you live longer.


Dude don’t live with that mindset. Don’t forget theres something like 65 years between the first powered flight and the friggen moon landing. Don’t sell your life short.


Two comments: a) medical treatments for, say, pancreatic cancer 30 years ago were very inefficient and the mortality rate was high. Now for many of subtypes the mortality rate is much, much lower and the treatment much more tolerable. While I certainly understand you wanting to ensure retirement by 40, I would not assume that the prognosis you have been given today will stand the test of time 3 decades into the future. i.e. you might be alive and ready to rock at 61. b) Because prognosis is going to be increasingly fuzzy over time, in your shoes I would be considering emigration to a country with solid socialized health care. Canada, the Nordic countries, New Zealand, etc. The timing as to when these future malignancies come into play is necessarily going to be uncertain, and if you live in the States, for example, the medical costs from one alone could completely derail your planning. Although tactics can become quite complex, the overall strategy to increasing your wealth is fairly simple: cut costs and raise income. There is only so much you can do about the latter. Many people forget to look at the former. The worst case scenario I could imagine would be looking at a tumour that has become completely reversible at age 50 or 60 but without the financial means to handle it. I would move to where your future medical costs are covered. Good luck, TIP.