Category: Retirement

4

Does this volatile stock market scare you?

2018 wasn’t a great year for the US stock market.  The international market didn’t look pretty either.  It rallied at the beginning of the year, and then became unimpressive during the summer.  At the end of the 3rd quarter, it peaked briefly.  After that, it went down, and down, and down … It is so depressing, isn’t it? If you have lost money, you are not alone.  Who...

4

Retirement and Christmas

Retirement and Christmas sound like apples and oranges.  Actually they are related.  Let me try to make the point today. Christmas shopping: Before Christmas, many people have to do some gift shopping.  Shopping requires time, energy, and patience. For those who are still working, when do they do the shopping?  Probably the evenings after work, or weekends.  It could become more rushing and stressful when getting close to...

10

Retiring early means less time on the road

Thanksgiving is on the way.  Do you shop on the Black Friday?  It’s the time again to think about the gift shopping, which could be overwhelming.  Don’t forget to set up a shopping budget, and follow it.  And enjoy the time with family and friends. This year, oddly I’ll be celebrating Thanksgiving and Christmas in China.  Not many people in this village know about the two western holidays. ...

10

Retiring in another country?

Have you ever thought about retiring in another country? According to AARP report in 2017, about 550,000 Americans receive their social security benefits overseas.  The top 10 countries for Americans are: Mexico Panama Ecuador Costa Rica Columbia Malaysia Spain Nicaragua Portugal Malta Why do they choose to retire overseas?  Here are the top reasons, according to Investopedia: Warm weather Lower cost of living and health care Adventure of...

12

Why am I considering short-term health insurance for 2019?

Health insurance is a big headache for early retirees in US.  It’s one of the reasons many people choose not to retire until the age of 65. 2019 is not far away, and the health insurance enrollment is to start very soon. For 2019, I’m considering the short-term health insurance.  The rate for 12-month coverage became available starting October 1, 2018. The ObamaCare rate for 2019 won’t be...

14

Don’t blow the early retirement

I always remind myself: don’t blow the early retirement, as it didn’t come easy. Last month, Tom of Dividends Diversify wrote a great article “The One Early Retirement Book to Read Now!”.  Tom talked about the book “Work Less, Live More: The way to semi-retirement” by Bob Clyatt. I read the book this month, and really like it.  One of the chapters is called “Don’t blow it”.  Tom...