Ah, I see what you mean. Although my understanding of the EA movement is that it’s very acceptable, or even advisable to spend enough on yourself so that you’re reasonably comfortable, ie. living a Mustachian lifestyle. In which case the difference is just a matter of timing: a Mustachian first puts their money towards their own retirement and then puts it towards EA, whereas an EA puts it towards both in parallel. That doesn’t seem like a large difference in philosophy to me. What do you think? Am I thinking about this the wrong way?
after you’re a millionaire yourself (or however you define FI)
This is tangential, but $1M seems like it’s on the high end. I think that a lot of Mustachians would be retiring at more like $500-700k.
Ah, I see what you mean. Although my understanding of the EA movement is that it’s very acceptable, or even advisable to spend enough on yourself so that you’re reasonably comfortable, ie. living a Mustachian lifestyle. In which case the difference is just a matter of timing: a Mustachian first puts their money towards their own retirement and then puts it towards EA, whereas an EA puts it towards both in parallel. That doesn’t seem like a large difference in philosophy to me. What do you think? Am I thinking about this the wrong way?
This is tangential, but $1M seems like it’s on the high end. I think that a lot of Mustachians would be retiring at more like $500-700k.