Mikael Rieck is the author of more than hundred articles on topics of how to make money both online and offline. He has been online since 1999 and has always had a passion for money making opportunities and teaching others how to make a profit.How to Retire Early – I’ll Help You
My last couple of posts has been focusing on the mindset of people and why I don’t get that so many people are actually heading towards as retirement that will leave them with a lower financial income per month than when they had a job even though they’ll have a lot more time to do fun stuff once retired.
But there are yet another side to retirement because one thing is to work all your life and retire when you are no longer able to (or allowed to) work anymore but another aspect is to plan to retire early and have even more time to enjoy your retirement period. More and more people are looking for ways to retire early but unfortunately it is still not something that the majority is able to do. Not even the ones that actually wanted to.
There are as many different reasons to why they do not retire early as there are people. But for most people I have found that it is not a GOOD reason but merely a result of either not putting enough effort into it, giving up or because they got started but followed the wrong plan.
On this blog my goal is to show you ways that will enable you to not only retire rich but also retire early. I will not be talking about the latest “make money quick schemes” because you and I both know that they don’t work even though we want them to. Getting rich and retiring early is not something you can do within a two day period but rather something that you can do with a consistent effort over a period of time. If you’re above the age of 60 you’ll probably have to put more effort into it than someone of 20 has to but you can still make it without a doubt.
The reason I call this blog the “Retire Rich Roadmap” is that I will give you roadmaps that, if you follow them, will help you retire rich and retire early. In some of my earlier posts I have talked about the idea of how to make a lot of money quickly as well as discussing how you can make more money with Google Adsense.
You might never have heard about Adsense and have no idea how to build a website but fear not. I am currently working on a Roadmap that will show you just that. So be sure to stay tuned and come back to this blog soon.
To Your Success,
Mikael
10 Responses so far
Sire
April 20th, 2009
2:04 pm
The secret to retiring early is to save your money from day one and to invest it properly. Too many people spend it as soon as they earn it leaving nothing behind. I would be well into retirement by now except for a few wrong choices. Still you live and learn and while it has added a few years onto my retirement plan I reckon I will still get there earlier than most.
Mikael
April 20th, 2009
3:40 pm
Hi Sire, glad to see you here. Not spending more than you have (or all that you have) is definitely a must.
Some people think that they can save their way to becoming rich but unfortunately I have never heard of anyone doing that. Investing wisely however is a road that will lead to wealth and the ability to retire early for sure.
So what is your deadline? When will you be retiring?
Sire
April 21st, 2009
8:12 am
I was hoping to retire at 50, but that didn’t work out so now I’ve moved it to 55. Naturally the economic downturn may have stuffed that up some, but I will still aim for that target.
Mikael
April 21st, 2009
8:20 am
Talking of the crisis did you read this post: http://outspokenmedia.com/online-marketing/you-just-suck/
She calls it as she sees it
Good luck on your goal. I’m sure you’ll be able to make it!
Sire
April 21st, 2009
8:27 am
Nice article and very true, but it all depends on what you are doing when the recession hit. For example all those people who have lost their jobs because of the recession have very right to use that as an excuse. What they do from now on to counter it is up to them.
Mikael
April 21st, 2009
8:42 am
I have to say that I don’t agree. In my view nobody does anything TO us. There is no such thing as job security so if we CHOOSE to think that there is then yes we might want to blame a recession.
But blaming anything but ourself won’t help anyone. Whatever situation we’re in 99,9% of the time it is by choice (our choice). If we had taken another path a recession would not matter.
Sire
April 21st, 2009
9:00 am
OK, take for example those people who are working for a company and have been doing so for years. That company has decided to downsize because of the recession and hundreds of people through no fault of their own lose their job. I suppose they could blame themselves because they chose that particular job, but that may be stretching the point.
The fact is that the economic downturn is a reality and it has caused many people to lose their job, so that being the case perhaps they can place a portion of that blame on the recession.
Mikael
April 21st, 2009
9:21 am
It is not that I don’t see what you’re saying because I certainly do but if you flip the view you’ll see people relying on a job. It is not that they were relying on that particular job but rather that they are relying on A JOB. Meaning that you hope that it’ll be there forever and that you have made no other preparations in case it didn’t.
The problem as I see it is not loosing the job but rather that you now will have difficulties paying your bills. That is not something that you can blame the recession for but it is rather a matter of poor financial planning.
But I also understand (and I have done that for years until I learned that there was another way to look at things) that it is easier to blame some external thing than it is to blame yourself for not planning, not evolving and not paying attention.
I’m not trying to trash anyone for feeling badly about being fired. I’m just saying that instead of blaming others or the recession you should rather say to yourself: “What could I have done to not be in this situation” and “how can I quickly move on from here and not make the same mistake twice”.
Sire
April 21st, 2009
9:38 am
Ah, but now what you are saying is entirely different. The fact that they lost the job can be tied to the recession, but the fact that they can’t pay the bills rest entirely on their shoulders. I agree with that 100%
Mikael
April 21st, 2009
10:23 am
But if people can pay their bills (which I assume is the biggest problem when being fired) then why even start blaming anything?
What I’m saying is that if the financial planning was properly done then the recession shouldn’t matter.
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