Early Retirement

Showing 50 results of 174

Teaching My 5-Year-Old Twins About Money: Opening Their First Bank Accounts

Dec 15 2024

Financial literacy is a cornerstone of independence and success. As a father committed to the principles of Financial Independence, Retire Early (FIRE), I believe it’s never too early to start t...

dadisfire.com

Retire Abroad Before 55: Eight Expert Tips

Dec 07 2024

Can't afford early retirement in the U.S.? You really can retire abroad before 55 if you plan carefully. The strong dollar helps, but consider your long-term strategy....

kiplinger.com

A Keen Wealth Case Study: Planning for Early Retirement Before Age 60

Dec 05 2024

"Sam" is 58 and he retired at the end of the first quarter of 2024. His wife, "Alice," is 65 and still working as a paid caretaker for the couple's son with special needs. Sam has $400,000 in a Roth I...

keenonretirement.libsyn.com

Privacy and Security: The Essential Guide to Reclaiming Your Digital Life

Dec 03 2024

I spent the last 13+ years of my career in IT as a manager, but I’m still a techie at heart. Even now, almost 7 years into early retirement, I still enjoy keeping up with technology and tinkerin...

routetoretire.com

Become a Digital Nomad: An Early Retirement Lifestyle

Nov 30 2024

Embrace a digital nomad lifestyle to satisfy your wanderlust. Here are tips from an ultramarathon runner, a professional blogger and a financial planner....

kiplinger.com

FDIC vs. SIPC, Annuities, SSDI & Early Retirement Strategies - 482

Nov 30 2024

Will building a new home delay Janelle's early retirement? Can Mike and his wife retire early at ages 50 and 55, and how much should they convert to Roth? Maria and her partner keep their finances sep...

purefinancial.com

Will Roth Conversions Put You On Track to Retire Early? - 472

Nov 30 2024

Rob and his wife in North Carolina are 51 and 44 and would like to retire in the next 3-5 years. Are they on track, and what should they consider as far as Roth conversions are concerned once the tax ...

purefinancial.com

Health Insurance Options for Early Retirement

Nov 30 2024

We meet many people who are in a position to retire early. But when they think about healthcare in retirement and not being eligible for Medicare until age 65, they feel stuck, even though they’...

buzzsprout.com

Early Retirement is the Wrong Goal

Nov 29 2024

A more in-depth talking head version of this article is available on YouTube (view below). I chased early retirement for almost two decades. My early retirement goal made me a disciplined saver and in...

retirebeforedad.com

How SEPP 72(t) Can Help You Retire Early and Dodge Penalties

Nov 16 2024

Cool, right? The SEPP rule lets you tap your retirement savings early without tax penalties. But it's a risky move if you don't plan well....

kiplinger.com

Spitballing Early Retirement for the One Percenters - 502

Nov 05 2024

Can Bauer in Illinois retire at age 57, and when should he collect Social Security? More importantly, can he afford a $300,000 motor home? Can Brad in Michigan coast for the next 10 years and still re...

purefinancial.com

VSP Update: my early retirement was approved!

Oct 31 2024

This is an update to my post from 40 days ago: https://www.reddit.com/r/retirement/s/YsE3pRmCHI It was stressful waiting over a month to know whether I had 3 months left to work, or 10 months. When I ...

reddit.com

How best to invest after early retirement

Oct 31 2024

I was forced to take early retirement this April and with the payout my salary for this year will exclude me from doing anything like a Roth conversion. I am going to try and hold out on taking any so...

reddit.com

My Relationship with Money: The Hoarder Mentality That Led to Early Retirement

Oct 23 2024

Growing up, I developed a relationship with money that some might call obsessive, others might call smart, but I see it as a unique blend of hoarding and emotional struggle. I don’t part with my...

dadisfire.com

The Rule of 55: One Way to Fund Early Retirement

Oct 19 2024

The Rule of 55 lets you access your retirement funds early. When paired with other strategies, it could help you kiss the office goodbye....

kiplinger.com

Retiring Early at 63yo & Single

Oct 14 2024

Hello. I plan to retire next year at 63. I’m making this decision not only for health reasons but also because I’m an artist & I am too stressed out in the 9 to 5 & need to serious...

reddit.com

FI Has Taken Over My Life

Oct 10 2024

I discovered FIRE in October of 2012 when a google search led me to MMM: How do I retire early? I wasn’t expecting much. The search was a hail mary move during a difficult part of my life. But M...

1500days.com

A Severance Package Is The Ultimate Catalyst For Early Retirement

Oct 09 2024

Retiring early with a severance package is one of the smartest ways to leave the corporate world. Walking away without trying to secure one could leave tens of thousands, or even millions, on the tabl...

financialsamurai.com

An Early Retiree’s Perspective on Dave Ramsey’s Blueprint To Early Retirement 

Oct 06 2024

Retiring early is more than just a dream, it’s a reality that many people can achieve with the right plan. If you’re like me, you’ve thought about leaving the 9-to-5 grind before the...

dadisfire.com

Unexpected Challenges with Retiring Early (That No One Prepares You For)

Oct 06 2024

For many, early retirement feels like the ultimate goal. More time with family, pursuing hobbies, and saying goodbye to the daily grind. When I retired early, I imagined relaxation, adventure, and mor...

dadisfire.com

Why Retiring Early Is Obviously Better Than Retiring Rich

Oct 04 2024

There are two things most financially-conscience people aspire to: retiring rich or retiring early. But which is better? Many people who haven't retired believe early retirement sounds fantastic, espe...

financialsamurai.com

Unexpected Retirement: Finding Happiness and New Adventures

Oct 01 2024

Elaine didn’t decide to retire at age 57, but changes in her company meant an early retirement for her. Being caught off guard, she didn’t feel emotionally prepared to make the shift, even...

buzzsprout.com

Early Retirement Health Insurance Strategies | Roth Conversions vs. ACA Subsidies

Oct 01 2024

Healthcare subsidies are like a tax break and should always be optimized, right? That seems like an easy question that should have a straightforward answer. But the correct answer is, “It depend...

buzzsprout.com

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

Oct 01 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

Retiring at 62 or Before? 9 Ways to Cover Your Health Costs for an Early Retirement

Sep 26 2024

Health costs before age 65 when you qualify for Medicare are expensive. Here are 9 ways to make early retirement insurance more affordable. The post Retiring at 62 or Before? 9 Ways to Cover Your Heal...

boldin.com

Should You Consider a Sabbatical?

Sep 24 2024

For most people with above average incomes and the willingness to save and invest, becoming financially independent and having the ability to retire early (FIRE) is not only achievable, it is the inev...

caniretireyet.com

Financial Confidence is the New Financial Independence

Sep 19 2024

The FIRE movement made the rounds in national news for a few years and still gets a head nod here and there. The early retirement (RE) part of FIRE always received more criticism because it’s th...

retirebeforedad.com

Early Retirement Now with Big ERN

Sep 19 2024

An interview with Big ERN, the man behind Early Retirement Now, where he discusses the pros and cons of FIRE and how to figure out withdrawal rates. The post Early Retirement Now with Big ERN appeared...

whitecoatinvestor.com

What my dad is teaching me about retirement

Sep 10 2024

I'm in my mid-50s. My dad is in his early 80s. My mom passed away several years ago and my brother last year, so it's just me and my dad now. What have I learned? There's early retirement and later re...

reddit.com

Unexpected Retirement: Finding Happiness and New Adventures

Sep 10 2024

Elaine didn’t decide to retire at age 57, but changes in her company meant an early retirement for her. Being caught off guard, she didn’t feel emotionally prepared to make the shift, even...

buzzsprout.com

Taxes in Early Retirement

Sep 04 2024

Want a massive tax break? Retire early. Retirement income receives much better tax treatment than earned income. The post Taxes in Early Retirement appeared first on The White Coat Investor - Investin...

whitecoatinvestor.com

Retiring Early is NOT the Result of a Higher Income

Aug 23 2024

As a physician, you’re no stranger to the demands of your profession. But have you ever wondered how your financial ... Read more...

physicianonfire.com

Will Early Retirement Reduce My Life Expectancy?

Aug 23 2024

August 22, 2024 – Welcome back after a long, relaxed summer break this year. Today’s post – suggested by a reader – deals with an intriguing question: how does early retirement...

earlyretirementnow.com

Five Early Retirement Mistakes to Avoid

Aug 17 2024

These early retirement mistakes can douse your FIRE (Financial Independence, Retire Early) efforts....

kiplinger.com

Why Lawyers (and, Really, All Kinds of People) Can Benefit from WCI and Retire Early

Aug 17 2024

After 35 years of practice, I've retired. Here's how I had the confidence and know-how to do so—and what I'm looking forward to the most. The post Why Lawyers (and, Really, All Kinds of People) ...

whitecoatinvestor.com

Retirement Party For Retiring Early: Don’t expect one.

Aug 04 2024

This was originally published 10/12/2021, a few weeks before I retired at 42. Last month, I wrote that we were almost ready to retire. In the next week, I plan to formally announce my retirement to my...

dadisfire.com

Went Back To Work And Could Only Last Four Months: Here’s What Went Wrong

Jul 24 2024

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...

financialsamurai.com

What's the best time of year to retire?

Jul 22 2024

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...

reddit.com

Your Path to Early Retirement: How To Retire Early

Jul 18 2024

For many individuals, the dream of retiring early is a goal worth striving for. Whether it’s pursuing passions, spending more time with loved ones, or exploring new adventures, early retirement ...

theretirementsolution.com

Early Retirement Withdrawal Strategies for the Long Haul

Jul 06 2024

Your early retirement withdrawal plan can make or break your FIRE strategy. Think beyond financial independence to how you will maintain a stable portfolio....

kiplinger.com

The Realities of Adventure: Are the Headaches Before and After Worth It?

Jul 02 2024

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...

routetoretire.com

June 2024 Best of the Web

Jun 27 2024

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...

caniretireyet.com

Will Retiring Early Make You Happier? It’s Complicated

Jun 15 2024

Many people dream of retiring early. But leaving the daily grind may not be the key to happiness for everyone....

kiplinger.com

Early Retirement Health Insurance Strategies | Roth Conversions vs. ACA Subsidies

Jun 05 2024

Healthcare subsidies are like a tax break and should always be optimized, right? That seems like an easy question that should have a straightforward answer. But the correct answer is, “It depend...

buzzsprout.com

Confessions of an Early Retiree

Jun 04 2024

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...

caniretireyet.com

Retire Early for Adventure: Travel and Volunteer

Jun 01 2024

Want to ditch the office and explore the world? Retire early for adventure by volunteering abroad....

kiplinger.com

The Stinginess of Financial Independence: Careful Being Too Cheap

May 20 2024

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 ...

financialsamurai.com

The Ultimate Life Coach

May 19 2024

– 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...

mrmoneymustache.com

How to Retire Early by 50

May 18 2024

You can retire early by 50 or 55 if you take these FIRE (Financial Independence, Retire Early) steps now....

kiplinger.com

Health crises force early retirement more than any other problem

May 10 2024

Many factors can influence the timing of a person's retirement, but new research shows nothing comes close to health problems....

financial-planning.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.