Posts on early retirement, planning for retirement
Quizzes can be a great way to gain insight and direction quickly. I scoured the internet for a good ready for retirement quiz for Retire Certain readers. Here is what I found. The AARP Ready for Retirement Quiz Like most of the quizzes here, this quiz is more information based than geared toward whether you have enough money saved to retire. Nevertheless, there …
Can you retire at 55 with 2 million? The inspiration for this post came from exploring this possibility recently with a wealth coaching client. Like my client, the answer for you will depend on your expenses, chosen retirement method plus current and future income streams. In this post we’ll address each of these factors. This question hits close to …
Can You Retire at 55 with 2 Million Nowadays? [Videos]Read More »
An exciting and promising shift is happening right now in the way we retire. Fortunately, changes stemming from the rise of the internet now lead to rewarding retirement opportunities for those not interested in living on less while working crossword puzzles for brain stimulation in their golden years. The younger generations are living proof of …
For those planning to retire soon, retirement can feel scary from both a financial and a lifestyle perspective. Fear of retirement boredom is a very legitimate reality, especially for certain personalities. Here are 7 ways to address that subtle and almost embarrassing fear that you could be bored to tears in retirement. Read my own …
Downsizing can be a smart option for anyone who wants to retire soon but lacks the funds to retire comfortably for life. Is downsizing the right choice to retire earlier for you? The answer depends on your overall wealth plan, cost to downsize, alternatives to downsizing, downsizing calculations and how much it takes for you …
Is Downsizing the Right Choice to Retire Earlier?Read More »
Updated: October 9, 2019 By definition, retirement is the time when you can live off investments. The traditional retirement model is to withdraw 4% a year from your retirement savings to live but an increasingly popular alternative is to get income from investments instead. Is it safest to withdraw or get investment income to live in …
Is It Safest to Withdraw or Get Investment Income? ChallengeRead More »
Is 1.5 million enough to retire? The answer depends on your age, assets, spending, investment returns and how many income sources you’ll have in retirement. In this post, I’ll show you how to see if 1.5 million is enough for you to retire based on your own situation. At Retire Certain, the goal of my articles is to …
If you’re exploring early retirement like we were well over a decade ago, you may be wondering about the income provided from the standard 4% retirement withdrawal rule. Does the 4% rule include dividends, specifically? Or do investors using this popular plan get to withdraw 4% annually in addition to dividend income? The 4% rule …
If you’re approaching retirement, that anticipated time when you can live off investments or at least work fewer hours own your schedule, you’re probably transitioning to income investing. You may be wondering how to buy assets that generate income. The way you buy income generating assets depends on the type of asset you’re buying. For example, …
If you’re concerned about having enough income to live comfortably in retirement, you may want to start one or more income streams beforehand but you’re not sure where to start. To choose the best income stream to start before retirement, consider your desired income, eventual capital gain, acceptable risk and lifestyle. It’s easy to get …
The Best Income Stream to Start Before RetirementRead More »
The more income streams you have the better, right? This is not necessarily true. How many income streams should you have? It have depends on your goals, available time, types of income streams, available capital, taxes, demonstrated success, income reliability, and desired lifestyle. In this post I’ll share what I’ve learned in each of these …
How Many Income Streams Should You Have? [Videos]Read More »
It can be challenging to choose the best opportunity to use your capital when you have money to invest. If you’re wondering if you should start a business or invest in stocks, the major considerations are the 3 elements of time, potential return, capital, skills needed and risk. Over 15 years ago we wondered …
Start a Business or Invest in Stocks: Which Is Better?Read More »
Here I write about creating and living off multiple income streams from stocks, real estate and online businesses from late midlife onward along with my husband, Larry. After investing for almost 40 years, I share the good, the bad and the ugly. I invest our own money and do not manage wealth for others, so you get real, unbiased information that is not meant to be construed as financial advice.
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