Creative Strategies To Retire At Age 50
If you want to retire early but don’t have enough financial resources, you can still turn retirement fantasies into reality by applying creative design principles.
If you want to retire early but don’t have enough financial resources, you can still turn retirement fantasies into reality by applying creative design principles.
Do your homework regarding your finances before you pull the plug and retire early.
What are the pros and cons of retiring early vs. retiring late? How should you decide when you should retire?
Be clear about how retirement will improve your life. It will help you better plan for a fulfilling life in retirement.
How do you define “old”? What does being old mean to you?
It’s best to plan as if you’ll need your retirement paychecks to last for 20 to 30 years.
It will take determination and discipline to live well during a long retirement—be motivated to live a long time, because it could happen.
Build your retirement income to last to age 100, since there could be a good chance that you might need it.
You could live to age 100, so here’s a plan to help pre-retirees and retirees live well until then.
Estimate how long you might live with a few life expectancy calculators—it could open your eyes to your future financial needs and the best use of your remaining time.