I am the idiot savant. I can barely function in anything outside of what I do for a living. Financial planning isn’t what I do for a living so I’ll defer to those who understand that better.
I will note that any plan that includes “living frugally” doesn’t exactly fit in with the ideal that is constantly being pushed in the TV commercials for investment companies. Your plan seems a lot more realistic to me than that ideal, and I think you are probably a lot closer to pulling off your plan than 90% of the boomers. It doesn’t seem like of lot of them see any farther than their next car payment.
If you were willing to relocate and take the equity from your domicile with you I’m sure you could live the high life in any of a number of towns throughout Middle America – but that does involve other compromises that some people would not voluntarily choose to make.
As for me, I’m fortunate that I enjoy what I do for a living, because my retirement plan involves cutting back on work, not quitting. I suppose some people would call that a compromise, too.
