Early Retirement

Showing 50 results of 122

How Annuities Can Help You Retire Early and Delay Social Security

Apr 26 2024

Waiting until 70 to claim Social Security benefits can pay off, so how do you bridge the gap between giving up your paycheck and filing for benefits?...

kiplinger.com

Which Mortgage for Early Retirement? What is Private Credit? - 476

Apr 09 2024

What is private credit and where does it fit in your investment portfolio? At age 60, Hope is tired of working and she’s hoping to retire in 2-3 years. Should she factor home equity into her ret...

purefinancial.com

12 Reasons to Retire Early: Why You Should Retire at 62 (or Before)

Apr 06 2024

Early retirement – retiring at 62 or before – seems like a wonderful dream to a lot of people. You’ve been in the workforce for decades. You have focused on work with the goal of enj...

newretirement.com

How to Retire Early in Six Steps

Apr 06 2024

Here is the secret sauce for how to retire early. Just be sure it's what you really want....

kiplinger.com

Unexpected Early Retirement - how’s it going?

Apr 06 2024

Has anyone been forced to retire early either by illness or being laid off? I’ve just been dx with some spine and neck issues that will only worsen. It can be managed with medication but not cur...

reddit.com

How to Handle a Forced Early Retirement, Ep #212

Mar 27 2024

Retirement can hit us with numerous curveballs. One of those could happen right out of the gate–being forced with an early retirement. We all know that layoffs are part of the corporate landscap...

financialsymmetry.com

The Role of Financial Advice in Early Retirement

Mar 13 2024

Today’s post is written by Jeremy Zuke, one of my financial planning colleagues at Abundo Wealth. Jeremy achieved financial independence in 2022 and left a corporate marketing job to pursue work...

caniretireyet.com

The Sacrifices We Make To Achieve Financial Independence

Mar 12 2024

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...

financialsamurai.com

12 Years of Early Retirement

Mar 12 2024

Wow, I can’t believe it’s been 12 years since I left my engineering career! Time flies when you don’t have a boss. I’m happy to report I’m still going strong, and life is...

retireby40.org

Trading Options: A Primer (Options Series Part 11)

Mar 08 2024

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...

earlyretirementnow.com

How Early Retirement Will Impact Your Social Security Benefit

Feb 29 2024

Learn how your Social Security benefits could be reduced if you retire early....

money.usnews.com

That Sad Sunday Night Feeling...

Feb 29 2024

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...

reddit.com

The Most Dangerous Early Retirement Strategy To Follow: Coast FIRE

Feb 23 2024

In 2009, I established my first rule of FIRE: generate enough passive income to cover your basic living expenses. Once achieved, you attain financial independence and the freedom to pursue your desire...

financialsamurai.com

Reader Case: Same Sex Couple Wants to Retire Early Overseas

Feb 19 2024

Guess what time it is? Reader case time! Hi! We are a same sex married couple currently in the US (S is in her mid 40s working here on 10 yr employer sponsored visa and T is in her 50s). We stumbled o...

millennial-revolution.com

The Cost of Raising A Child

Feb 13 2024

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...

retireby40.org

Maximize Your Early Retirement: Should You Save to 401k or Brokerage Accounts?

Feb 13 2024

Typical retirement strategies assume a retirement age of over 60. With an earlier retirement goal, a careful look is required to determine what strategies will create the best outcome. James responds ...

buzzsprout.com

Early Retirement planning with HR or just submitting resignation?

Jan 11 2024

I have decided to retire early (62) and trying to decide if I should start this process with HR or just take all my vacations and then give 2 weeks notice. I have a pension plan but I probably will no...

reddit.com

I Retired Early: Here’s My Monthly Budget

Jan 07 2024

You may have heard about the early retirement movement making waves with stories of dedicated savers who have been able to escape the traditional workforce much earlier than 65. You may have even......

finance.yahoo.com

Can You Retire Early at Age 50 or 60? - 462

Jan 02 2024

Can Clark Kent’s dad in Hutchinson, Kansas retire at age 50? Will Devin in South Carolina be fat and happy or cutting calories if he retires at 59 and a half? Can Scott Magic in Idaho retire to ...

purefinancial.com

How A Chief Marketing Officer Prepared To Retire Early

Dec 23 2023

Heather Loisel, the former CMO of Ricoh, USA, shares the steps she took to be able to retire early....

forbes.com

Retired early hit wall 5 years later- need advice

Dec 17 2023

Hiya! I retired 5 years ago at 57 (single) with 1.2 million net worth. Financial advisor told me 99% chance plan would work until I was 99. Told him my spending would be around 5k net a month. I will ...

reddit.com

Top 5 Reasons Not to Retire Early

Dec 16 2023

Let’s admit it. At various points in each of our careers, we all dream of retiring early from the rat ... Read more...

physicianonfire.com

3 Signs You Absolutely Shouldn't Retire Early | The Motley Fool

Dec 16 2023

You don't want to end your career prematurely and regret it....

fool.com

Ditching The Rat Race 14 Year Anniversary, Early Retirement To Retirement 

Dec 14 2023

My ditching the rat race 14 year anniversary is just days away. This was a transition year for me as I aged into Medicare eligibility and what a great year it has been. I find myself both celebrating ...

leisurefreak.com

Early Retirement Savers Are Burning Out. ‘Coast FIRE’ Might Be the Answer

Dec 13 2023

Social Security beneficiaries are getting a raise, and the COLA (cost of living adjustment) for 2024 is 3.2%....

money.com

Creative Strategies To Retire At Age 50

Dec 12 2023

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....

forbes.com

Top 5 Reasons to Retire Early

Dec 09 2023

While the global pandemic was a horrific event in many ways, one purpose it did serve was for each of ... Read more...

physicianonfire.com

The FIRE movement's younger sibling is a lot easier for retiring early—and doesn't involve 'eating rice and beans every night'

Nov 29 2023

Adherents of “Coast FIRE” front-load their savings early in their career, but don’t stress as much later on. ...

fortune.com

Early Retirement Resources 11/27/2023

Nov 27 2023

I hope everyone had a great Thanksgiving! There was a lot of news on the safe withdrawal rate front this month. We’ll start by exploring the key takeaways you need to know. This month I read two...

caniretireyet.com

How Anyone Can Retire Early In 10 Years (Or Less!)

Nov 27 2023

Anyone Can Retire Early, But Few Succeed. Here’s Why… Key Ideas The simple math that makes it possible for anyone to retire early and achieve financial independence. Why you don’t h...

financialmentor.com

Which Financial Decisions Require Extra Attention and Which Don’t

Nov 25 2023

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...

thefinancebuff.com

What’s The Best Age To Retire?

Nov 17 2023

What are the pros and cons of retiring early vs. retiring late? How should you decide when you should retire?...

forbes.com

The Arizona Experiment!

Nov 03 2023

– 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...

mrmoneymustache.com

Early Retirement Resources 10/30/2023

Oct 30 2023

This month we start with an article that provides a framework for thinking about optimizing retirement income. Then we’ll explore timely strategies that can be applied to this framework. I explo...

caniretireyet.com

Financial Independence Retire Early: About Dad is Fire

Oct 28 2023

Welcome to Dad is Fire. Usually, the about me section of a blog is to tell you who I am and to talk about myself. This blog isn’t so much about who I am, as it is what I am. So what am I? I am s...

dadisfire.com

Early Retirement When is the right time?

Oct 27 2023

I am 59 years old. I'm still working full time as an accountant- currently working from home 3x a week. I make a decent salary. My husband is 70 and is retired. His age is a major consideration in my ...

reddit.com

What the 4% Rule Actually Says

Oct 22 2023

The fabled 4% rule, is one of the first “rules” new converts to the Financial Independence Retire Early movement run into. The “rule” suggests that you can safely withdraw 4% of your investmen...

andrenader.substack.com

Early Retirement Withdrawal Strategy

Oct 17 2023

Retirement planning consists of 2 broad phases – accumulation and withdrawal. Early retirement is difficult to achieve because there is less time to build wealth and more years to spend. The tim...

retireby40.org

September 2023 Early Retirement Update

Oct 13 2023

Hello and welcome back to another monthly update from Root of Good. We started last month with heavy bouts of consumerism, spending money like crazy on a new used car and half a dozen plumbing upgrade...

rootofgood.com

Parent's RMD as income replacement/selling property to retire early

Oct 12 2023

Hello - pardon the throwaway. I've been pretty active in this sub under my other name, and I'm really apprehensive about asking this question. I just found out my company is being sold in Q1 24. I fee...

reddit.com

Early Retirement Resources 10/9/2023

Oct 09 2023

Todays resources explore a wide variety of topics. We start with a look at how various investments have performed historically during periods of recession and why you should be careful how you utilize...

caniretireyet.com

Podcast: Community Member David Chen on How Good Habits and Creative Solutions Resulted in an Early Retirement

Oct 05 2023

In episode 72 of the NewRetirement Podcast, Steve Chen is joined by guest David Chen. David is the brother of a good friend of Steve’s from high school and a member of our community. They discus...

newretirement.com

Is retirement going to be boring after a while?

Oct 05 2023

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 ...

reddit.com

Considerations to retire early at 61 or should I keep grinding away?

Oct 03 2023

61YO next April. In the U.S. $1M retirement accounts, $250K non-retirement cash. Partner is stay-at-home, 16 years younger with $300K retirement accounts, contributes to IRA annually. No pensions. No ...

reddit.com

Early Retirement: 30 Tips, Tricks & Hacks for Reaching your Goal

Sep 14 2023

Early retirement does not need to be a dream. Make it your reality with these tips, tricks and hacks. Learn more now....

newretirement.com

August 2023 Early Retirement Update – Back to School Edition

Sep 11 2023

Hello and welcome back to another monthly update from Root of Good! It's been a month since we arrived home from our two month trip to Argentina and Brazil. The first couple of weeks back home were a ...

rootofgood.com

July 2023 Early Retirement Update – Back in America Edition

Aug 18 2023

Hello and welcome back to another update from Root of Good! We just arrived back in the USA after our two month vacation in Argentina and Brazil, so I'm a bit behind in getting this update published. ...

rootofgood.com

Understanding Fat FIRE: The Comprehensive Guide to a Luxurious Early Retirement

Jul 11 2023

Over the past few years, more and more people are looking to achieve financial independence and retire early. This has led to the popularization of the FIRE (Financial Independence, Retire Early) move...

ofdollarsanddata.com

June 2023 Early Retirement Update – From Buenos Aires, Argentina

Jul 10 2023

Hello and welcome back to Root of Good! I'm writing to you from our apartment in the Palermo neighborhood of Buenos Aires, Argentina. We are almost done with our one month stay here in the city. Next ...

rootofgood.com

May 2023 Early Retirement Update – School’s Out Edition

Jun 08 2023

Hello and welcome back to Root of Good! The month of May just wrapped up which means it is time for another update. The biggest news is our middle child finished high school a year early! She wrapped ...

rootofgood.com

About Early Retirement

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.

There are many reasons why people choose to retire early. Some people want to pursue other interests or hobbies, while others may want to travel or spend more time with family. Others may retire early due to health issues or to care for a family member.

In order to retire early, you will typically need to have saved enough money to support yourself during retirement. This may involve saving a larger portion of your income, investing wisely, and potentially taking on additional work or income sources in order to build up your retirement savings. It's important to carefully consider the financial implications of retiring early and to seek the advice of a financial advisor or professional if you are considering this option.