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early retirement

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MarathonKnitter
HAPPY

Member since 2/07

17374 total posts

Name:
EMBRACING CHANGE

early retirement

for those of you who are looking to do this... hell, even those who are looking at "regular" retirement...

what are the things you looked into?
what resources did you read/learn from?

i'm toying with the idea of making this topic my summer reading.

this plus looking for a new job.

Posted 6/25/19 3:33 PM
 
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LSP2005
Bunny kisses are so cute!

Member since 5/05

19458 total posts

Name:
L

Re: early retirement

I suggest reddit r/financialindependce, r/leanfire. And r/fatfire, along with r/boggleheads to help guide you.

Posted 6/25/19 3:51 PM
 

SusiBee
. . . . .

Member since 3/09

8268 total posts

Name:
S

Re: early retirement

AARP has some good info and tools.
Log into SSA.Gov and create an account to see your estimated social security benefit for 62 / 65 / 67.
The top 35 years of earnings will be used in calculating your monthly payment.

I have an employer sponsored 401k, so there are tools to plan for retirement as well.
You have to figure out how much monthly income you will need to cover your expenses.
DH has to cut down on his expenses now, he spends way too much money on eating out and socializing with his friends.

While I am excited to start planning my retirement and have a target date set, I'm scared to actually go thru with it.

Posted 6/25/19 4:26 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: early retirement

I have no idea. I haven’t looked into anything. All I know is I will have my 20 years in with the county by age 56. I don’t know if it’s early but I can’t stand to be there any longer so I am out as soon as possible. I know won’t get as much for a pension as I would if I did 30 but there is no way I can bear working when I’m 60....

Posted 6/25/19 6:24 PM
 

Mushesgirl
Too blessed to be stressed

Member since 4/09

6691 total posts

Name:

Re: early retirement

early retirement

great forum

Posted 6/25/19 8:34 PM
 

jellybean78
:)

Member since 8/06

13103 total posts

Name:
Mommy

early retirement

Follow the #FIRE community on social media. Tons of great advice.

FIRE = Financial Independence Retire Early

Posted 6/26/19 1:18 PM
 

MarathonKnitter
HAPPY

Member since 2/07

17374 total posts

Name:
EMBRACING CHANGE

Re: early retirement

Posted by Mushesgirl

early retirement

great forum



oh my goodness!!!

i just read "some important questions to answer before asking - can i retire?"

great stuff!!!
thanks.


i'm going to work my way through all the suggestions given. this is going to be an interesting summer.

Posted 6/27/19 12:00 PM
 
 

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