A coworker of mine found an interesting story of a couple who retired in their 40’s and are now traveling all over the world for fun. How did they do it? Well you can read their story of success over at www.wherewebe.com it’s a great website with actual pictures of their adventures and journeys. If this couple can actually do the impossible, can others do the same? I find this story to be very inspirational, but I am questioning how much they had to sacrifice to get to retirement. My first assumption is they sacrificed a lot, but I think a story like this speaks volumes to what is possible in life. Just have to stay focused on your financial goals and save unexpected windfalls towards those goals. Even if you save half of the unexpected income, that action alone gets you one inch closer to your victory lap.
Now I would like you to take a few minutes to comment back your answers to the two questions below:
–What age do you see yourself retiring at?
I would like to retire at age 45.
–What would you do with all the free time post retirement?
Free time would be a combination of traveling, volunteering, learning new skills, and family time. All these things bring me great joy, and I figured I could get fully immersed in all of them.
My Quote- Do what you love and live like it’s your last!
So if you want to be free of the grueling 9-5 routine, stick to your financial goals. Live modestly now and don’t regret your decisions because ultimately the prize of reaching retirement early will pay off in years of freedom later. Don’t forget to watch your money!
Hey Bro,Answers to my first and second question go hand in hand: I see myself retiring at 50, so I can have more time with my family, travel, and to continue teaching others around the world.Your sis,Ing
Those are great goals, and when I say I wanna retire at 45, it doesn't mean I will stop working it just means I want more freedom to do those things I want to do. I plan on still building upon my financial income stream.
I've been saying I wanted to retire at 45 since I was 12. I got about a dozen years left… Should be interesting to see how it turns out (Don't worry, I have a plan in place to do it!).I agree, though, that retirement is freedom to do what you want, not sitting in a chair doing nothing. I'm pretty sure I would be bored to tears if I just stopped working.
That's great you have a plan in place, I hope we all can reach our goals. Yes I think its very important to reach financial freedom, I can only envision it now. Keep on track Nick.