Of course I was kidding to some degree. I wouldn't save every penny waiting for retirement to get killed in a car accident at 42 or think life is going to be at it's high point at 65. Start with making a list of expenses and your average net monthly income. Figure out where you can widdle down your out of pocket cost every month and pay off your worst debt first.
I'm in a similar situation right now. I'm trying to get rid of every bill I can. Mainly so I don't have to work so hard and can take off even more time from the old grind. Luckily I don't have any credit card debt and all my toys are paid for. I recently refinanced my house from a 15 to a 30 after 5 years of paying down the note. That cut it down 1k by itself. Could I have kept making those payments? Yep, but I don't plan to be here forever and I may decide to lease this property instead of sell it down the road. That wouldn't make sense with a 15 year note. I also was able to lock in a 5% 30 year note and the rent would be much more than my payment. I've leased a brand new car for 10 years. 6 years of that being BMW's. I'm done with that crap too. I'm paying cash for my next car. It will be 2 years old with a warranty and I'll get a deal like I just scored on the Tundra I bought for Kelli. My goal is to have my montly nut down to under 2k a month by July. That will allow me to spend more time doing things I want to do than beating the pavement trying to make a sale. Let's face it, the gravy train is over for a while. Life's to short to work all the time. Business expenses are a whole different deal.
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Todd
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