Early Retirement

Showing 50 results of 200

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

Early retirement aspirations are here to stay, Fed study shows

May 10 2024

Only 46% of Americans now say they expect to work full-time after age 62 — the lowest percentage in a decade....

financial-planning.com

Meet the FIRE Savers Who Retired Early

May 07 2024

Meet the schemers and savers obsessed with ending their careers as early as possible....

nytimes.com

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

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.