[dmcummins]

I have been living off my investments for the last three years. The majority is in index and mutual funds. I have a small portion in individual stocks that I like to think that I can do better with, but I usually don't do much better than the mutual funds. I tried trading options years ago. I did OK for a while, but when a trade went bad it went very bad.

The only thing that I do now is change my asset allocation some. I have sold most of my bond funds as I think interest rates have to go up from here. But I have just put the money in other fixed income.

Just keep saving and investing, you will eventually get there if you start early and put enough away. When you get to where you can live off 3%-4% of your money you should be OK.