Reasons To Retire As Early As You Can

Tate is amazing HOW TO MAKE WEALTH

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.

I'm a 52yrs Director in a Tech company and I consider myself a high income earner at $350,000 per annum, I have a retirement account account but i still want to explore opportunities for short term gains before i start working less in few years.

The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

I always think about my late father. Born in 1912 he started full time work at 13. He was injured in WWII (18 months in hospital) and when he came back his employer told him his job had gone to someone else, cut his wages and demoted him. He worked till 65 and got cancer within a year, died in two. All the poor bugger wanted was a nice garden to enjoy. Governments don’t care about you. Employers don’t care about you. World events don’t care about you. Retire when you can.

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

I've been diligently working, saving, and investing towards financial freedom and early retirement. However, the economy's downturn since the pandemic has significantly eroded my portfolio. My question now is: Should I continue contributing to my portfolio in these unstable markets, or should I explore alternative sectors?

About to retire and unsure if my 401(k) and IRA will provide a stable future. i need an approach that will align with my risk tolerance and financial goals, i set aside $1m to achieve this. Do you suggest i get into stocks or buy a rental property?

I worked my butt off from the age of 17. I paid off the mortgage and retired at 48. Now aged 70, I have experienced 22 years of real freedom. I have spent quality time with my son and two grandsons which would have been impossible if I had worked until 65. I realised early on in life, money cannot buy happiness and today's consumerism traps people into a spiral of personal debt. At the end of the day, whatever we accumulate during our lives cannot be taken with us when it is our time.

I retired age 56, I am 70 in a few weeks. Every day retired has been like being on holiday - it's brilliant.

I was homeless, got into drug's went to prison and then I got to know Jesus and he changed my life...Heaven came through for me in my finances too, getting $50,000 in 2months . I can support God's work and give back to my community. God is absolutely more than enough! Now I have a new identity and a child of God

if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries.

I retired last October at age 53 … worked 37years on the railway and now my health isn’t great … I now live a simple life with photography as my hobby … keep up the good work you do

Retired last year at 57 I’d had enough of the NHS after 27 years. Travelling into London everyday, grinding Sold the house in Essex and moved to Lincolnshire, love the place ❤ I’ve seen too many colleagues die before or immediately after retirement I’m now very happy, I don’t have to worry about ANYTHING and have no debt, great friends and an awesome wife.

I retired at 55 and for the following 10 years I had the best hillwalking of my life both at home and abroad. I’m now 86 in reasonable health but incapable of doing the things I once did. But so happy I have the memories to look back on of taking advantage of my fit years to be able do what I wanted to do.

Health is the most important thing in life. I remember this proverb. A man with good health can dream of doing anything, a man with bad health only dreams of getting better.