Monday, January 15, 2018

How to Retire Early - Change Your Thinking

How to Retire Early - Change Your Thinking

Many want to learn how to retire early; but they are asking the wrong questions.
The advice they seek is usually how to increase their income...not how to retire early.
You want to retire...I do not blame you, I retired 15 years ago at 49...why not look to retire in places or in lifestyles that do not cost much to live?
If you are working your tail off, probably in a job you do not like, in order to have a retirement income of $5,000 a month... stop and think. Why not find a place or a lifestyle, where you can retire on $2,000 a month?
If your current portfolio is such that you could throw off $2,000 a month...you have a question to ask yourself. "Would you rather work or retire?" If that is you, you have figured out how to retire early. If you do not retire, you have no one to blame but yourself.
If this is you there are other reasons why you are not retiring...most have to do with peer pressure and appearances.
More useful tips and guides can be found on E We Know website which profile posted here http://prince.org/profile/eweknow
When I told friends and family in 1990, I would retire in 1995...their reaction was one of skepticism at best. From,"Yeah, sure." To, "no chance". They really were right after all;...I retired in 1994 instead.
One of the biggest perceived obstacles to retiring early is thinking the amount of money required to retire is close to the money you are spending now. Think like that and you will be working a long time. This is how we are programmed to think by the investment industry. The longer you work, the longer they have a client...how to retire early is not in their vocabulary.
So why not explore ways to retire that are less expensive than your current standard of living? You will be surprised at your options. Enjoy.
How to retire Gary Pierce is the webmaster of http://www.frugal-retirement-living.com he retired early at 49, he is still retired at 64. He has experience in lifestyles that are both fulfilling and frugal.. It is 2009 and many are wondering if they can ever retire. Don't give up until you check out this website. Enjoy.

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