Is it normal to retire at 50?
My friends mother who is currently 49 keeps telling me she plans to retire at 50 and that shes lucky she saved up all these years (since age 25)..Her husband still works and I know he plans to work until hes at least in his late 50s, but he owns his own small computer business and he also works on and off for a company doing computer repairs.
I have no idea how much he makes but can it really be that much? She is an art teacher at a high school and teaches 5 days a week maybe 3-4 classes per day.
Any ideas and IIN? My mom cant retire until 66!
Also my friend still lives with her mom and they help her with 50% of expenses and she doesnt plan to move out for another 5 years.. so theyd have to pay for her too, no?