[alienjr]

Open a cheap investment account (e.g. Interactive Brokers) and invest in cheap ETFs (e.g. Vanguard Total World Stock and/or Vanguard Total Bond Market - in proportions 70%/30%) until you have 25*your yearly expenses (that usually means 10-12 years of investing, when you save 50% of your salary). After that point, you're FI, you can withdraw (max) 4% a year and live off from returns from your investments ad infinitum.

[brobinson]

I am following a similar strategy, but I am invested in other instruments, too. I have everything from bond ladders to leveraged REITs. I invest 65% of my post-tax income and 100% of post-tax bonuses. I use Schwab, though.

Schwab is now beating Vanguard on fees on their equivalents of Vanguard funds: https://www.schwab.com/public/schwab/nn/m/indexfunds.html?va...

Schwab also just recently lowered its commissions... a lot. Equities trades are now $4.95 flat whether you buy or sell 1 share or 1,000,000 shares. Fidelity also lowered their commissions to match Schwab. Everyone else is still higher, including IB depending on your volume.

(Disclaimer: no relation to Schwab other than that I am an extremely happy customer)