Comments on: How Much Do I Need to Retire at 55? http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/ Helping You Retire Rich & Retire Early Thu, 11 Mar 2010 08:48:52 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Chris http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2792 Chris Thu, 04 Mar 2010 12:05:49 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2792 Retiring early can be possible with this great tips (thanks Mikael) but do keep in mind that you don’t have to rush to hit 55. Retirement is at 65 so you are trying to get a decade extra relaxation and freedom but do keep in mind working a few extra years means more money in your retirement when you can’t (depending on career you have) work. My mum was considering retiring early from her job and she is only contemplating that because the mortgage is paid and she has a grasp of her retirement fund. Only reason she’s not going forward now is because her told her she ahs to work a few more years to guarantee retirement fund. Retiring early can be possible with this great tips (thanks Mikael) but do keep in mind that you don’t have to rush to hit 55. Retirement is at 65 so you are trying to get a decade extra relaxation and freedom but do keep in mind working a few extra years means more money in your retirement when you can’t (depending on career you have) work. My mum was considering retiring early from her job and she is only contemplating that because the mortgage is paid and she has a grasp of her retirement fund. Only reason she’s not going forward now is because her told her she ahs to work a few more years to guarantee retirement fund.

]]> By: Jesse http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2701 Jesse Thu, 14 Jan 2010 08:45:50 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2701 I really hope I am able to retire at age 55. I still have a while but will keep this post in mind as I get to that age. I really hope I am able to retire at age 55. I still have a while but will keep this post in mind as I get to that age.

]]> By: Mikael http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2685 Mikael Sun, 03 Jan 2010 06:14:02 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2685 Hi Andy, well... counting on or hoping for the stock market to soar is probably what a lot of people is doing, but in my opinion "hoping" and "wishing" is the road to disaster. For the many people that is taking this "lazy hopeful road" I hope I am wrong. Taking action and making things happen has always been a safer solution in my book. Hi Andy, well… counting on or hoping for the stock market to soar is probably what a lot of people is doing, but in my opinion “hoping” and “wishing” is the road to disaster.

For the many people that is taking this “lazy hopeful road” I hope I am wrong.

Taking action and making things happen has always been a safer solution in my book.

]]> By: Andy@how to buy foreclosures http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2674 Andy@how to buy foreclosures Thu, 31 Dec 2009 19:19:00 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2674 Retiring at 55 was a possibility five years ago, but like many people, I suffered a significant set-back this past year. I am hopeful that the next ten years will be a decent one for stock returns. But I am putting fewer "eggs" in the riskier baskets than I used to. Retiring at 55 was a possibility five years ago, but like many people, I suffered a significant set-back this past year. I am hopeful that the next ten years will be a decent one for stock returns. But I am putting fewer “eggs” in the riskier baskets than I used to.

]]> By: Chris http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2624 Chris Thu, 17 Dec 2009 20:52:15 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2624 I think the recession has changed a lot of people's goals. 55 used to be the retirement "goal" for a lot of people. With our aging economy and many people losing 20% or more of their wealth over the past year, retiring at 55 now seems like more of an achievement for the few, than the realistic expectations for the majority. I think the recession has changed a lot of people’s goals. 55 used to be the retirement “goal” for a lot of people. With our aging economy and many people losing 20% or more of their wealth over the past year, retiring at 55 now seems like more of an achievement for the few, than the realistic expectations for the majority.

]]> By: Anton http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2618 Anton Tue, 15 Dec 2009 13:11:22 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2618 The international financial crisis changed all the variables that were used to retire five years ago. Honestly before put my money in an investment fund, rather I would have two good retail websites. With some experience and some work, that is also a retirement. The international financial crisis changed all the variables that were used to retire five years ago. Honestly before put my money in an investment fund, rather I would have two good retail websites. With some experience and some work, that is also a retirement.

]]> By: Kevin http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2582 Kevin Thu, 03 Dec 2009 13:30:26 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2582 In the UK, A Family SIPP is ideal for families, grandparents, parents and grandchildren can all be members and the fund can be invested under a common family strategy. Scheme Pension can be paid to the senior members and funds can accumulate for the younger ones in a number of ways. In the UK, A Family SIPP is ideal for families, grandparents, parents and grandchildren can all be members and the fund can be invested under a common family strategy. Scheme Pension can be paid to the senior members and funds can accumulate for the younger ones in a number of ways.

]]> By: Mikael http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2510 Mikael Thu, 12 Nov 2009 21:43:22 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2510 Hi Phil, The "funny" thing is that everyone better prepare to have health insurance that will cover ALL of the retirement period. Banking on a concept that is literally insolvent is not a good and safe plan. Mikael Hi Phil,

The “funny” thing is that everyone better prepare to have health insurance that will cover ALL of the retirement period. Banking on a concept that is literally insolvent is not a good and safe plan.

Mikael

]]> By: Phil@rakennekynnet http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2509 Phil@rakennekynnet Thu, 12 Nov 2009 21:34:28 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2509 Keep in mind, Medicare coverage won’t start until age sixty-five. If you are planning retire at 55, make sure you will have a secure source of health insurance coverage that will provide for you until you become eligible for Medicare. Keep in mind, Medicare coverage won’t start until age sixty-five. If you are planning retire at 55, make sure you will have a secure source of health insurance coverage that will provide for you until you become eligible for Medicare.

]]> By: Faraz http://retirerichroadmap.com/blog/how-much-do-i-need-to-retire-at-55/comment-page-1/#comment-2492 Faraz Mon, 09 Nov 2009 11:59:39 +0000 http://retirerichroadmap.com/blog/?p=216#comment-2492 With the country facing massive unemployment during the Great Depression, Social Security was a way of providing older workers with guaranteed income so that they could leave their jobs, freeing up slots for younger workers. <a href="http://www.jugendherberge-hamburg.com/">Jugendherberge Hamburg</a> With the country facing massive unemployment during the Great Depression, Social Security was a way of providing older workers with guaranteed income so that they could leave their jobs, freeing up slots for younger workers.
Jugendherberge Hamburg

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