Retire As Soon As You Possibly Can -- Here's Why

Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

The thought of retirement makes me cry. 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 weren't to blame for.it's especially difficult for people who are retired.

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 watch several YouTube videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal..

I'm nearing retirement in three years, and despite having solid companies in my portfolio, my profits have stagnated in this uncertain market. Are there any calculated profit opportunities in this recession?

My wife and I sold our house in snow country, made a nice profit after doing a slow complete remodel over a 35 year period. We bought a 4x4 Sprinter Van (wife’s dream) and hit the road to Alaska and beyond.We returned to our home (in the great State of California) then bought a 40 foot sailboat and began sailing to some remote islands off the coast of California, (my dream)! We are now a half hour from our grandchildren and get to spend time with them on a regular basis, living the dream at 63ish!

Retiring end of this month (October), I am done ! Will do some traveling and continues to work my side hustle during retirement. Can't wait!!

Retired at 47 and never looked back, best thing I ever did. Took government pension at 60 and Old age security at 65. Had to watch money to 60 but it's clear sailing now. Don't regret not retiring late.

Excellent! We retired at age 62, expensive health insurance until age 65 and Medicare. We limited our retirement withdrawals in order to qualify for Obamacare or ACA and that saved us over $25,000 per year in heath insurance premiums. In Alaska the income threshold to qualify was $89,000 for a couple.

Hey. I like the drawings. They’ve always fascinated me.

A video all about "Why you should". Everyone know about "Why you should", but the really important part is "How you do".

Love your content even though I can't retire early.

Keep up the nice content

It's true that financial independence and early retirement does allow for all of those great things, but you still have to put in the effort and work to live a great life, and not get sucked down into a slump.

I retired to Disability at 23, and you would be surprised at all the great things I've done since then.

In many cases retirement is nothing more that leaving a job they hate, to a life with hours to fill every day, and no real purpose when they get up. It's a fantasy, and most people, they aren't going to be jet setting around the world, because they don't have that kind of money, and that gets old anyway. They won't be off visiting family & friends everyday, because those people are probably working. I prefer the approach where you work at something you enjoy doing, and get in a position financially & mentally, where you work as much or as little as you wish, and if you love what you do anyway, it's not really work.

WooHoo Chris. 👍

Hanging on until the youngest kid is graduated from High school. After that, I’m out…