Articles Tagged ‘retire early’

Success Secrets from Early Retirees
Thursday, May 22nd, 2014
Success Secrets from Early RetireesFrom time to time we hear about individuals and couples who seem to have hit the jackpot: not in the literal sense of having won the lottery, but having figured out a way to retire at age 55, or maybe 50, or perhaps even younger than that. At first glance this might seem too good to be true. After all, many of these early retirees spend their working years at jobs and careers that aren’t particularly high paying. How is it possible that these people can retire after spending fewer years in the workforce than the average worker. Here are...

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The Pros and Cons of Early Retirement
Wednesday, April 21st, 2010
Who wouldn’t want to retire early and sail around the world? So maybe you don’t want to sail, but you do have an idea of what life will be like post-retirement. You may want to get involved in volunteering in your community, or working with a not-for-profit company. With life expectancy increasing, retirement means having more money to live on after your work life is over. There are many early retirement activities you can get involved in if you want more time to enjoy life instead of working. But, know the positives and negatives before you choose how to manage...

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Don’t Retire Early
Monday, March 30th, 2009

Shift gears instead. Many people who long for an early retirement are really just tired of their jobs. Rather than choosing a life of leisure (which can get boring), you may want to start a new career. Besides, early retirement is a tough act to pull off financially. If you retire at age 55 and are lucky enough to live to age 95, that’s 40 years of living off your savings — more years than you spent working! Social Security and Medicare don’t kick in until age 65; or 62 at the earliest. How much do you think your grocery...

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