[baccredited]

Late 40s here. I'm going to retire by 50. Then I get to work on my own stuff. I can't wait!

Anyone who saves 20% of their income can retire after 29 work years.

Save 50% and it is 15 years.

[jordiburgos]

Any calculator for these figures? I would like to know when would be my retirement age.

[baccredited]

Save 25X your annual spending and you can retire. If you invest to earn 7%/yr (on avg), you can withdraw 4% forever.

Read the book The Simple Path to Wealth, or the basics in this blog post.

http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...