Retire Rich Roadmap » Retire Early

Retire at 55 – Tip #2 – Make More Money

Mikael — Sat, 01 Aug 2009 18:08:53 +0000

This is the second post in the series of tips that can help you retire early or at least at age 55 (which is the age that most people are trying to retire at). If you missed the first post you can find it here: Retire at 55 – Tip #1 – Start NOW. Now that you know that you need to start doing something I would like to give you an obvious but rarely used idea. Here it is: Start making more money! I know this sounds simple and that it makes total sense that you will be able to retire earlier if you make more money because if you make more money you are able to save more for retirement. But despite the fact that this is both simple and obvious most people don’t do it. The reasons for this are many but bottom line is that they are all exc... Read more

Retire at 55 – Tip #1 – Start NOW

Mikael — Thu, 30 Jul 2009 17:15:38 +0000

If you read my post yesterday you will know that I will be writing a small series of things that you can do and things that you should be aware of in order to increase your chances of being able to retire early. There are a lot of points that I am going to share with you but I have found that the best and easiest solution is to put everything into small pieces as it increases the chances of you actually doing some of them. Now before I start let me just say that I do not have the solutions to everything and that the ideas I am going to share with you are MY views and ideas and if you disagree I will only welcome it. Please let me know why you think differently in the comments below. Age Is Important It is probably obvious but if you want ... Read more

How SEO Helped Me Retire Rich Early

Mikael — Mon, 13 Jul 2009 17:43:48 +0000

This guess post is brought to you by Nicolas Prudhon of SEO Help. If you haven’t heard Nicolas’ story you must make sure that you read this post. Not only is Nicolas extremely knowledgeable but he is also very down to earth and will help you out in any way he can. Follow what he does and how he does it and you will learn how you too can become as successful. - Mikael Since Mikael invited me to write a guest post on his blog, I really wanted to come up with something interesting. The easiest way to start is probably to tell you how I managed myself to make the impossible possible. Let me share with you a bit of my life story with you on how I became wealthy enough to allow me to retire rich and early thanks to Internet. It’... Read more

When Are People Most Likely To Retire?

Mikael — Wed, 08 Jul 2009 21:22:34 +0000

Since this blog is about wanting to retire early and rich I am naturally doing some market research to find out what is driving people to search for ways or solutions to stop working on their job. Within the last 12 month (if I am not mistaken) Google has grown a lot smarter and are now helping us search based on what other people have searched for. Because of this we can see at what age people want to retire. Not when they are actually going to achieve it but just what they are searching for. So as you can see from this picture people have goals and wishes of wanting to retire with 5 year intervals (except for the magic number of 21 and the normal retiree age of 62 and 65). What this tells us is that many young people are full of hope an... Read more

To Retire Early You Will Have to Keep Focus

Mikael — Mon, 06 Jul 2009 19:00:28 +0000

Being able to retire early from your job or from the work that you are currently doing is a dream for a great deal of people. Not having to get up in the morning and not having to go to work for someone else is seen on more and more people’s wish lists. Even people that are self-employed or own their own company and run it like its president or CEO can have this feeling of wanting to be “free” and not being tied down in a situation where someone or something requires them to do something. Unfortunately for the majority of people this dream will forever remain a dream and retirement will come when they hit the age where the laws tell them that it is time to retire. In some cases retirement will come earlier than that and especially in ... Read more

What Makes Me Want To Retire Early and Rich

Mikael — Sun, 21 Jun 2009 20:57:10 +0000

As promised a few days ago I wanted to share with you what it is that makes me want to retire as soon as possible and why I believe that becoming rich is a very positive thing and something that everyone should aim for. But first let me tell you that finding my WHY, the reason for wanting to become rich and being able to quit my job, was not a fast process at all. The truth is that, like most people that are trying to become rich, I wanted to become rich because of the money. Ever since I was a very young boy I have been fascinated with money and I have worked hard at acquiring them in any way I could think of (legally). When I was very young I took out the trash and cleaned my room (which equals that I took everything and threw it into the... Read more

You Need To Know WHY You Want To Retire Early

Mikael — Thu, 18 Jun 2009 17:52:27 +0000

Some of you are reading the headline and might be saying to yourself that it can’t be that important to know why you want to retire rich and/or early as long as it happens. I have to give you that if it was as easy as it sounds then I wouldn’t want to argue with you. Unfortunately it has been proven time and time again that nothing “just happens” and rarely does anything good come from very little effort. This does however not translate into it being neither hard nor impossible to quit your job and retire in an early age, but if you have no idea why it is that you want that retirement in the first place then odds are that you will not get it. Why the WHY Cannot Be Negative As with most things we want in life, being able to say to y... Read more

How Much Do I Need to Retire at 55?

Mikael — Sun, 17 May 2009 01:29:18 +0000

If you are looking forward to the time where you’re going to retire then you might be one of the many people that have been asking themselves how much money they would need to be able to retire early. I’ve found that a lot of people seem to find the age of 55 years old to be a great age to retire which I can only agree with. The sooner you’re able to retire or become financially free the better if you ask me. But in order to be able to retire at 55 you will need to know if you can afford to retire. You might have your 401k plan in place but for most people that might not be enough to retire on and if that is all you have then things might not be as great as you would want them to be. So how do you find out if you have enough money to... Read more

7 Steps to Achieve Early Retirement Capability

Mikael — Sat, 16 May 2009 02:18:10 +0000

I don’t recall ever meeting someone that had a job and didn’t want to be able to retire early from that job. Even people that actually like what they are doing at their job would want the ability to be able to quit or at least not be dependant of the paycheck each month. So what do I see as the key aspects for an early retirement? 1. Start as soon as possible The best thing to do is start as early as you possibly can. The more time you have to work on it the less effort you will have to put in. Unfortunately too many people are starting out too late and are therefore struggling with making ends meet and often can’t see their way out of the everyday hassle. 2. Find out what you want You need to be clear about what it is that you actual... Read more

Why Do You Want to Know How to Retire Early?

Mikael — Fri, 24 Apr 2009 13:24:18 +0000

Being able to retire early is a dream for a lot of people but the sad truth is that very few people actually ever get to a point where they are able to retire before the age of 60-65. There are many reasons why most people never make it but I see two reasons that are causing most of the problems. The first reason I see is that there are SO much misinformation floating around in all kinds of media. You’ll watch financial TV shows telling you all kinds of things that might sound reasonable but it can in fact actually have the opposite effect of what is being promised. You can find online financial news websites like CNN Money that will tell you to “save, save, save”, “live less than large” and “bank your ex... Read more