It makes little sense to retire early on a shoestrings budget that requires you to substitute your own labor for hired labor.
When your 401k-type plan allows non-Roth after-tax contributions, you can take the money out to a Roth IRA or convert to Roth within the plan. Either way works.
Early retirement is expensive when you include the opportunity cost. It’s the opposite of frugality.
Staying in a job you love after you reach financial independence provides great satisfaction and the financial means for all the luxuries you feel guilty about.
Interview on personal finance site mint.com on how to retire in your 40’s.
What makes someone retired? Is being financial independent the same as retired? What about the self-employed or stay-at-home parents?
The new myRA being created by the Obama administration is simply Roth IRA invested in savings bonds.
Consider the 401k plan as a part of the total compensation. The cost of a high-cost 401k plan isn’t really that high when you don’t stay with the same employer for that long.