Retire rich or retire early?

[kelmac07]

Define lower middle class and rich?

[jluck]

I ponder this all the time my self...I have a good job for a average idiot, I like it and it gives me most the tools I need to retire at a decent age. I'm shooting for 45-55 years old myself. The wife is going to take over bread winning duty's soon as she is working towards being a RN. When the wife tells me to stay home and clean the house I will know it's time.
I would love to retire or even semi retire while I'm healthy enough to have fun with my boys and nieces and I will more than likely be taking over a gun shop or some other part time work later on. ("welcome to Wal-Mart do you need a cart")
This all depends on return of investments too. I (we) could all be broke tomorrow.

So in a nut shell....I want out before 62.

[E.J.]

Originally Posted by kelmac07

Define lower middle class and rich?

That was my question exactly, Mac.....

http://www.cbsnews.com/8301-505123_1...-middle-class/

It's not surprising that Washington has a hard time deciding the politically expedient definition of middle class, but it's not as if there's any better clarity among the masses either. In an April 2008 survey conducted by the Pew Research center, four in 10 Americans with income below $20,000 said they were middle class, while one-third of those making more than $150,000 defined themselves as middle class.


So 40% of Americans that are not making half the Median Household income think they are "middle class"....which 1/3 of those making three times the Median Household income think they are middle class.... If choosing between those two, I'd say the 150Kers are closer....


THis post is in no way meant to come off as political....