Retire at 55 | What It Takes to Retire Early

I want to!!!! Working with KFG to get there!

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, a lot won’t have a house to retire with either.

Am 58 retiring next year but the thought of retirement gives me nightmares. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

I'm 57 and was unemployed for the past 6 months. This was a dry run for being retired. I was bored having so much time to myself. I went back to work. It feels good having a paycheck coming in, and after 90 days I will get health care. I'm glad I saved enough to retire, and I put half my earnings into the 401k at my new job.

Be careful fellows, I have known too many men that retired to get bored, become morbidly obese alcoholics that died quickly. Practice retirement before you retire. Can you remain disciplined in maintaining purpose, mind, and body?

i retired on my birthday at age 55, no mortgage no car payment, debt free, military VA benefits.. it’s been 4 years 8 months since i retired and i saved 60k just on my pension and still going on cruise’s you need to budget and not live beyond your needs.

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

i achieve my fire movement this month i told my manager i quit my job. i say i have enough money last for the rest of my life. i am 34 years old now it took me 16 years to achieve financial independence retire early.

1. Healthcare/Insurance 2. Income 3. Tax Diversification 4. Start Early on Funding your portfolio, and save a lot. I can’t wait to retire.

We're on year 3 of our 20 year plan to retire in our 50s. Military retirement pension and Healthcare makes it easy!

Wife and I are planning an early retirement in a couple of years- early 50’s. Great content. Thank you for clearly spelling out the income approach to consider regarding healthcare strategies and the affordable care act.

My husband and I are planning for 50, we are 39 now but if we are able to get our side hustles up I would say we should be good at about 47. We currently save over 60% of our income..

Thank you Tricare.

I retired at 56 years old and single. No wife. No kids. Life is great!!

Retiring at 50 in 6 months. Wife will work a few more years and will retire at 50. If you plan you can do it.

I’m working until 95! Yeah! 👍

Most people don’t realise it, but the secret to retiring comfortably is finding a way to make returns while your money works for you. My dad, as I remember, started saving for retirement quite late, but I know he was making more than 10k returns from his investment monthly and it was completely passive.

3:40 "That's NOT available to most. It USED to be. " - RIP Unions :(

My plan is 45 yrs, currently working on it!

I’m 55 now. I only worked for one company in my whole career that offered me a 401k. I contributed to that for 16 years until I changed jobs during lockdown. My new company offers no 401k. At 55 I only have 75K in my old 401k because I lost a ton of money due to the market/pandemic. I have no pension. I’m alone. No kids. I’ve been paying on my home for 16 years, so I’m only halfway through. I currently work 45-50 hours per week in a toxic horrible job, and I drive (commute) 10 hours per day. My mental health is suffering. There are no jobs in my field where I live. I feel completely stuck, scared, and alone.