This is a post meant to stimulate the thought process.

I realize that many that click on it will already be over the minimum age range but the thread (and I) would still value the imput (especially since those over 40 can use their "hindsight").

It is also assumed that the principle will be able to allow you to withdraw a minimum of 5% a year with a 3% yearly "cost of living" raise.

The options:

Retire at 40 with $1M USD (enough to live semi-comfortable but no Audis and other expensive toys).
Retire at 45 with $2M USD (better with some Audis ).
Retire at 50 with $4M USD

Or

Wait till 55 and live fairly much the way you wish (with the exception of the Jay Leno and up crowd ).

The reason for my post is the whole "Rat Race" we all live in and for what? We need to continue to buy more expensive cars? Bigger and better houses? Live in trendier neighborhoods? Why? So... after much thought, I decided to put it out there and encourage some friendly debate.

So, thoughts?

Ben