Earlier in the year, an editor of Kiplinger’s Personal Finance magazine and I traded correspondence about being an early retiree (or more precisely, an early semi-retiree since I do work on occasion), and some of those discussions were incorporated into their April 2007 article entitled, “Keep More Cash!” Here are a couple of downloadable excerpts: car tips (PDF, 415 KB), travel tidbits (PDF, 415 KB), and tracking spending.
The first explains why I sold Lina—my beloved 2000 BMW Z3—many years ago and obtained Elaina in her place. The saving estimates quoted in the Kiplinger’s article are conservative (I think the actual figures may be closer to $15,000 when opportunity cost and servicing is taken into account). It was just one tiny piece of the early retirement puzzle.
If you enjoyed this article, please consider receiving my weekly newsletter. I typically write about endurance bicycling, world travel, self improvement, Colorado living, marathon running, and epic adventures.