Retiring early with a severance package is one of the smartest ways to leave the corporate world. Walking away without trying to secure one could leave tens of thousands, or even millions, on the table. I also believe that retiring early is better than retiring rich. For those who choose my preferred retirement path, negotiating […]
A Severance Package Is The Ultimate Catalyst For Early Retirement Read More »
This is a free Financial Samurai newsletter that was published on May 12, 2024. Every week, I come out with a free weekly newsletter to help readers achieve financial freedom sooner rather than later. Join 65,000 other readers and subscribe here. This way, you’ll never miss a thing. Financial Samurai began in July 2009 and
Financial Samurai Newsletter May 12, 2024: Early Retirement Read More »
In 2009, I established my first rule of FIRE: generate enough passive income to cover your basic living expenses. Once achieved, you attain financial independence and the freedom to pursue your desires. Since then, various permutations of FIRE have emerged, one of which is Coast FIRE. Coast FIRE involves front-loading your retirement savings and then
The Most Dangerous Early Retirement Strategy To Follow: Coast FIRE Read More »
Early retirement / FIRE is becoming obsolete and that’s a good thing! No longer do you have to grind as hard and save as much to quit your job ASAP and retire early. Today, you can find many better ways to earn a living, no matter your education level or current occupation. As a result,
Why Early Retirement / FIRE Is Becoming Obsolete Read More »
Minimalism and early retirement go together like peanut butter and jelly. Each item compliments the other. Minimalism helps get you to early retirement sooner because you are lowering your cost structure. Early retirement makes you want to simplify life so you can remain retired and enjoy your time more efficiently. Since 2012, I’ve worked on
Minimalism And Early Retirement Go Perfectly Together Read More »
If you’re thinking about retiring early, let me share some of the surprising benefits of early retirement I never anticipated. I retired in 2012 at age 34 and haven’t had a day job since. I thought long and hard for a year about retiring early, trying to forecast all the various scenarios. In fact, I
The Surprising Benefits Of Early Retirement I Never Anticipated Read More »
Early retirement sounds great and it is great for the most part. But there are negatives of early retirement life that also needs to be discussed. I retired early in 2012, at the age of 34 after a 13-year career in banking. But the years that followed felt unnatural, so I decided to keep busy
The Negatives Of Early Retirement Life Nobody Likes Talking About Read More »
Fat FIRE (Financial Independence Retire Early) is being able to live it up in retirement without having to sacrifice your spending. If you are Fat FIRE, you can easily survive without a job because your investment income more than covers your best life’s living expenses. You don’t need to work part-time or do anything to
What Is Fat FIRE? The Best Early Retirement Lifestyle Read More »
There is a dark side of early retirement I want to tell you about. I originally wrote this post in 2011 when I was strongly considering retiring early from banking after 12 years. I was burned out and stopped caring about climbing the corporate ladder or making a lot of money. At the time, I
The Dark Side Of Early Retirement: The Downsides Of Not Working Read More »
Everybody fantasizes about being their own boss. Yet very few people take the leap of faith because they either don’t have an idea, don’t have the financial means, or don’t have the confidence to execute. But I tell yah, early retirement is exactly like being an entrepreneur: so awesome! It took me almost three years
Early Retirement Is Exactly Like Being An Entrepreneur: Awesome! Read More »
