It's cool that this guy is doing things that make him happy. But I'm extremely confident that he didn't do this by following the financial plan he blithely gives.
Because a) good luck finding an investment that'll give you 10% consistently for decades, and b) even with that magic risk-free return, his plan takes 20 years (or 22 if you somehow don't have $10K stashed up as a youngster) and then c) leaves you on the edge of your expenses (as he defines them) and reliant on that consistent 10% return continuing forever.
"Hey, if you find a magic investment, you can retire at 47 and then live in constant fear of penury!"
Because a) good luck finding an investment that'll give you 10% consistently for decades, and b) even with that magic risk-free return, his plan takes 20 years (or 22 if you somehow don't have $10K stashed up as a youngster) and then c) leaves you on the edge of your expenses (as he defines them) and reliant on that consistent 10% return continuing forever.
"Hey, if you find a magic investment, you can retire at 47 and then live in constant fear of penury!"