So this is a story about a guy named Brian C. Williams who recently wrote an article for Yahoo Finance where he explains how he can live a six-figure lifestyle on a $30,000 salary. Mr. Williams discusses how he was able, with a little work, to find great deals on luxury homes, fancy cars and high-dollar watches. It he can do it then so can you.
This article is interesting for retirees for two reasons. First, is shows that you can live well on relatively little money. The second reason why this article should be on interest to retirees, and those planning to retire, is more of a question. That question is: why does Mr. Williams feel he needs those luxury homes, fancy cars and high-dollar watches?
Who is he trying to impress? And as a retiree, or someone planning to retire, you should ask yourself the same question. Who are you trying to impress? Do you really need a mansion, a luxury car and a $800 dollar watch to be happy?
How much faster would Mr. Williams be able to become financially independent if he had used his considerable bargain hunting skills to find a modest home, a fuel efficient small car and a Timex? If Mr. Williams can live a luxury lifestyle on $30,000, how much less would he need to live a more modest lifestyle. Food for thought.