Early retirement refers to the practice of retiring from work before the age at which one is eligible to receive full retirement benefits. This is typically earlier than the age of 65, which is the age at which most people become eligible for Social Security benefits in the United States.
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I want to be a good dad and I try hard to be one. It’s not easy but I try to be present. I love my kids and my wife very much. Nearly my entire motivation for wanting to retire early is to have ...
Do you like the idea of early retirement, but you don't want to have to save every penny? Do you seek financial independence, but you don't want to permanently leave the workforce? Then Coast FIRE mig...
Can Claire and her husband retire early at age 60? Today on Your Money, Your Wealth® podcast number 490, Joe Anderson, CFP® and Big Al Clopine, CPA spitball for them and explain how to calcula...
Imagine a financial strategy that can lower your monthly mortgage payments, save you thousands in interest, and bring you closer to the dream of early retirement. Mortgage recasting is a powerful tool...
After 12 years of FIRE (financial independence retire early), I went back to work. Unfortunately, I only lasted four months. Here's my story of what went wrong. I purposefully waited months to release...
I'm retiring early in a couple of years at 60, and I'm trying to figure out if there's a best time of year. Bonuses come out in March, so it kind of makes sense to wait for that. I'll need to buy heal...
There’s no doubt we’re making the most out of our early retirement freedom. I left my career at the end of 2018 and we’ve done a lot of unique things since then, including: The point...
I hope you are having a great summer. This month I have a collection of resources that will challenge you to think more deeply about your approach to financial independence and early retirement. We&rs...
Last March marked the 5th anniversary of my retirement. I earned my last dollar from work at 52, just shy of my 53rd birthday. Now 58, I ask myself what, if any, regrets I have about retiring early. I...
With the New York Times article on Fat FIRE, I've been thinking a lot more about the repercussions of achieving financial independence and retiring early. One of those repercussions is that financial ...
– Almost nineteen years into early retirement now, I’ve come to realize that the complete freedom of this lifestyle can be a double-edged sword. You’ve already heard me raving plenty...
I had to retire early (62) due to a work injury. Due to that my pension and Social Security are small. I do qualify for Medi-Cal dental, however all of the offices I have visited are not up to the car...
Are you setting a good example for your kid? Shouldn’t you work full-time at the office to support your family? What are you teaching your son by retiring early? These are valid questions. I lef...
One of the most commonly asked questions I get is whether I had to make sacrifices in my pursuit of FIRE (financial independence and retire early). When they refer to sacrifices, what they really mean...
There’s been a lot of hype and media attention around pursuing and achieving FIRE (Financial Independence, Retire Early). But there ... Read more...
Can I use my HSA to pay for COBRA premium? I am planning early retirement next year and will need a few years of insurance until Medicare kicks in. Initially may take COBRA until I sign up for Obamaca...
March 7, 2024 – My claim to fame in the personal finance and early retirement community is my Safe Withdrawal Rate Series, which has now grown to 60 parts. But I also have another passion: tradi...
I've spent my whole career life in 9-5 middle and upper management office jobs with high stress. I recently took an early retirement after the company was gutted in a layoff. And while it was absolute...
There are likely thousands of blogs and websites dedicated to pursuing financial independence and early retirement if desired (FIRE). These can be extremely beneficial for the motivation you’ll ...
The mainstream financial media’s portrayal of early retirement has always felt disingenuous, leading with “this 30-something retired” or some variation of that hook, then later highl...
Will kids ruin your plan to FIRE? (Financial Independence Retire Early) Kids can be expensive, but don’t let that stop you. They might change your plan a bit, but FIRE won’t be out of reac...
Have you heard of the FIRE movement? It’s become increasingly popular in the past few years. Even if you are technically too old to retire early, there is something we can all learn from FIRE se...
I've been documenting my journey in Financial Independence Retire Early (FIRE) since July 2009. To the best of my knowledge, I can't identify any other blogger who commenced their FIRE journey earlier...
Husband and I have been planning to retire early in 5 years at age 60. Both of us are government employees and will have enough years for modest, but decent pensions. The idea has been that one of us ...
Here’s what you can do to retire early and be prepared for the next decades....
As one listener prepares for an early retirement, James discusses the situation, covering how to build a bond ladder based on non-retirement funds. James provides a different way of looking at the sto...
Want to retire early or quit your job and move overseas? A new report has the most affordable places to live in 2024....
Want to retire early or quit your job and move overseas? A new report has the most affordable places to live in 2024....
Spitballing on early retirement and Roth conversions to finish 2023. How can Jack and Diane (no, the other, other Jack and Diane, these are the ones in Rochester, MN) bridge the gap to retirement at a...
Heather Loisel, the former CMO of Ricoh, USA, shares the steps she took to be able to retire early....
If you want to retire early but don’t have enough financial resources, you can still turn retirement fantasies into reality by applying creative design principles....
Today’s guest post is from David, a long time blog reader. He retired early at age 52. In the five years since, he has lived exclusively off of his investments while leading an adventurous lifes...
Do your homework regarding your finances before you pull the plug and retire early....
Adherents of “Coast FIRE” front-load their savings early in their career, but don’t stress as much later on. ...
Karsten Jeske at the Early Retirement Now blog wrote When to Worry, When to Wing It: Withdrawal Rate Case Studies back in 2021. It looked into what really makes a difference in safe withdrawals in ret...
I am privileged to be the owner of an out-of-print book, which you can still find used out there. "Work Less, Live More: The New Way to Retire Early" by Bob Clyatt, copyright 2005 (ISBN 1-4133-0200-9)...
Planning to retire early? Joe and Big Al spitball on bridging the gap to your retirement income when there’s a pension in the mix, today on Your Money, Your Wealth® podcast 456. Manley and h...
What are the pros and cons of retiring early vs. retiring late? How should you decide when you should retire?...
November 12, 2023 – If I wanted to comment on every piece of bad advice in the personal finance community, my quiet, relaxed early retirement would be busier than the corporate career I left in ...
– The thing that drew me to early retirement is freedom, and that’s still the best part of it. Back in 2005, the primary reason for this freedom-seeking was being able to devote my best ho...
Look at the practicalities associated with saving and retiring early before setting up a plan....
If you're in your early 60s, examine your financial picture before retiring early....
Hi, Im getting ready to retire early. My parents have passed but they both needed to move to an assisted living facility toward the end, and fortunately they both had LTC policies that we could tap in...
Today I bring you a case study of a reader that planned diligently for early retirement. Life played out much differently from those plans. Still the process of saving and planning combined with the a...
I will be eligible for early retirement in a few months. I am worried that if I pull the trigger on my work and resign, I will just get bored after a while once the excitement of finally retiring has ...
One big issue with early retirement is accessing your retirement accounts. The early withdrawal penalty is 10%. Nobody wants to pay more money to the government, especially from their retirement fund....
For those retiring early: assuming you are waiting until 65 for a pension, and 70 for full SS benefits, how are you filling the gap until then? Are you tapping into savings? Skimming off interest? Wor...
Anyone retire early then find out the numbers didn't quite work? If so, how did you make it work? Did you just adjust your spending? Or did you get a part-time job or even go back full-time? Some comb...
If you used the Early Retirement Now SWR Toolbox or read Karsten Jeske's blog and used his spreadsheet, here is a video explaining how to fill in the spreadsheet! It's one of my favorite tool in my to...
After years of slowly kindling among fringe enthusiasts, the trend of penny-pinching to quit work is catching on like wildfire. FIRE (Financial Independence-Retire Early), first popularized as a core ...