Jun

18

You Need To Know WHY You Want To Retire Early

By Mikael

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

May

17

How Much Do I Need to Retire at 55?

By Mikael

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

May

16

7 Steps to Achieve Early Retirement Capability

By Mikael

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