From Yahoo Finance: 2025-06-15 16:00:00

An Indiana couple proves early retirement is possible on less than millions. Retiring at 39 with $1 million, they live on $1,241 per month. They spend 4-6 months overseas in low-cost countries like Thailand. Medicaid covers health insurance, thanks to low income and no asset testing in Indiana.

Living outside Indianapolis, they have no debt and minimal expenses. Their monthly budget includes $500 on food, $275 in property taxes, $120 for electricity, and $97 for home insurance. They avoid lifestyle inflation and focus on financial independence and early retirement through extreme frugality.

The couple’s income comes from selling short-term Treasury ETFs, dividends, an online side hustle, and bank account bonuses. They maintain eligibility for Medicaid despite a net worth over $1 million. Not having children and avoiding material possessions enable their low-cost lifestyle. They spend 1.5% of their net worth per year, prioritizing freedom over possessions.



Read more at Yahoo Finance: They Retired At 40 With $1M In The Bank, While Experts Like Suze Orman Say You’ll Need $10M. Their Monthly Expenses Are Now Only $1,241