I am working towards having enough money saved that I can live off my dividends, and work part time. My goal is to have $1,000,000.00 in investments by age 40 (6 years from now), at which point I quit my full time job (I currently have about $460K in savings, and currently can contribute about $50K per year). I will live off a combination of my dividends (I am estimating 3-4% in dividends per year, or $30K-$40K) and going back to contracting (I could make anywhere between $20K per year to $150K, depending on the economy and jobs available). I may also buy a house with a basement that I can rent out, to pay my mortgage, freeing up more money. Basically, I am pretty sure I could live on the reduced income because I don't spend nearly what I make now. I will also be inheriting between $500,000-$1,000,000 from my parents estate which I estimate will likely happen by or around the time I hit 50, increasing my draw from investments. Any financial guys have advice here?