Lately while I've been reading the book "Semi-retirement: Work Less, Live More" I got to thinking. What scenario would I need in order to retire with 1) Savings(i.e. 401, Roth, Bonds) 2) Supplemental Income(Tax lien interest, Part-time selling things online, house paid off) and 3) Part time work. Here are the three scenarios I laid out for our family on what it would take to retire.

Savings Supplement PT Work
1. $225,000 x 3 - House Paid - $20,000
2. $225,000 x 2 - $20,000 - $20,000
3. $225,000 x 1 - House paid - $30,000

I basically laid these out as a starting point of what would it take for our family to semi retire. I used the $225,000 x 3,2, or 1 to indicate for each $225k it would provide $10,000 worth of income to our family. I realized at the end that each scenario averaged out to about $50-60,000 per year in income from all these streams. It also showed me that retirement doesn't have to be that far off. I could be a lot closer then I think and I don't necessarily have to have $1-2 million saved up.

Do these scenarios seem realistic? Has anyone else had experience with an actual semi-retirement like this?

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