Why You Should Retire ASAP! (10 Reasons)

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Most Americans find it hard to retire comfortably amid economy crisis. Some have close to nothing going into retirement, my question is, do I pull cash from my 401k and buy a house, or spread my money in stocks for cashflow? I'd love to afford my lifestyle after retirement?

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

I retire in 10 days at age 65. I will have enough to live on but not wealthy. At this point in my life, time is worth much much more than money. Puttering in my garden, spending time with my kids and grandkids and a little travel is enough.

For me, I believe 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 wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement..

I've just retired recently and I must say I found this video informative and great to review. These psychological concepts are much more useful for individuals attempting to avoid mistakes than I realized when I was first introduced to them. This is probably why Warren Buffett talks so much about temperament being crucial to his investing success.

Older brother retired at 48. He and his wife spent their 50s traveling the world, including 3 world cruises. He’s now in mid 70s, plays golf 7 days a week. My advice to young people is learn how to manage your money, save early, be thrifty and be lucky!

It’s such a blessing that my husband and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what he lacks, he’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!!!

I'm really concerned a bank the size of SVB could fail, thus pulled $350k out of my bank, the FDIC provides coverage up to $250k only. I'd appreciate suggestions where to put my money at this point, for a comfortable rtmnt, and as well hedge against inflation.

Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.

My mother worked up until she literally died at 78 years old. She had a brain aneurysm while at work and died 16 hours later. My sister and I chose to retire much younger than our mother. Life is short and you never know how short yours is.

This is the 4th Monday of my retirement. I hated my job and left as soon as I became Medicare eligible. Every Monday feels like a big win!

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. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

I retired at 56 taking advantage of an early retirement program. I did so to take care of my 95 year old mother. I missed work but did not regret a minute of it when she passed away at 97 and I kept her out of a nursing home

My portfolio recently reached 6-figures, and here's what I have to say about it. It is important to carefully analyze your options and keep an eye on the economy when investing during inflation. Make sure your portfolio consistently reflects your risk tolerance and financial objectives by reviewing and rebalancing it. A financial advisor can offer tailored advice based on your unique situation and assist you in navigating the challenges of investing during inflationary periods.

Sincerely, I'm genuinely moved by what you said about early retirement. And yes i equally agreed with you It's the FREEDOM from being able to make a conscious choice, each and every day, in terms of how you’re going to spend your time… I have about 40k that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.

Retired at 63. I wish I could have retired earlier. I love it!

Retired at 52. No regrets. That was 6+ years ago. I could have made a lot of money in those 6+ years. It's not all about the money. And I loved my job. Many said I would be bored retiring so early. Quite the opposite. I rarely have time to sit down and do nothing. If you are bored in retirement you are doing it all wrong.