How To Retire Early

 

Well the obvious answer to how to retire early would be, save money!  The reason I say this is an obvious answer is because the only reason we are not all retired is because we need a financial income!  Most of us out there in the normal working world will receive a pension or something like that for retirement.  The problem with only having a pension is that the age of retirement is usually when you are elderly and usually still not enough to live on for the next possible 20-30 years.

 

 

So, how do you retire earlier?  Well that will come down to if you are able to save additional money in an RRSP or just in a savings account.  If you can put away more money, enough for you to live on and retire earlier until your pension kicks in, then your set. 

Another way to retire early would be to take your pension earlier than the suggestion age.  The only problem with that is you usually wouldn’t get the full amount if you retired early therefore you would be giving up a percentage of your pension.  But if you have a good pension, then maybe it would be worth it for you to take it early.

Now there is another way to retire from your current position early, and that would be to do some sort of work from home job that will give you the freedom from the working world of bosses, customers and waking up early.  It would also give you flexibility and still give you an income.  To everyone else you would be retired, but you would be doing something of interest that gives you an income.  What this job would be is for you to figure out but it is out there and if you are determined to find it, it will present yourself.

“Keep your dreams alive. Understand to achieve anything requires faith and belief in yourself, vision, hard work, determination, and dedication. Remember all things are possible for those who believe."

Gail Devers

 

"The difference between the impossible and the possible lies in a man's determination."

Tommy Lasorda

 

"Every accomplishment starts with the decision to try."

Author Unknown

 

"You've got to get up every morning with determination if you're going to go to bed with satisfaction."

George Lorimer

 

"A determined soul will do more with a rusty monkey wrench than a loafer will accomplish with all the tools in a machine shop."

Robert Hughes

 

So with that said, keep in mind that anything is possible.  You just need to keep an open mind and keep trying new things.  If you really want to retire early, the opportunity will show itself, you just need to see it, and being able to see if comes with wanting something badly enough.  But if you do manage to retire early, you will be receiving retirement wishes soon enough.  Good luck!

 

 

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