[quote=spdrun]What’s wrong with one spouse working part-time? Or even both being on flex time?
Drive used cars, buy a duplex or 50-year old home, don’t renovate the kitchen/baths if they’re functional, plenty of electronics to be had cheap on Craigslist, etc.
Live like 30 years ago, not like in 2016. If you have any extra money, use it for travel (student style not fancypants) rather than acquiring more useless toys.
SS is no real issue:
40 quarters means 10 years of work with at least $1260 pay per quarter. i.e. 10 1/2 hours of work per week at $10/hr assuming one week off per quarter.
Any part-time job should cover that.[/quote]
Yes I agree with all of this. If it was up to me I would quit my job and stay at home, but my wife keeps making me work. All kidding aside, my wife and I really do enjoy our work, which allows enough flex time to be able to enjoy our children too. This being said, we have the financial freedom to leave at any time and continue to keep paying the existing mortgage based on one income and have fun with our outside cash flow. I can give you the how and what I did, but it seems like you pretty much explained it above. Limited liabilities, curtailed spending and reinvesting excess cash flow.
