Category: Retirement

6

Roadblocks to retiring early

Retiring early is a tough decision.  There are so many factors to consider.  People do the best they can in terms of planning.  But the roadblocks are always there. Money is definitely at the top list.  Do I have enough money to retire early?  There are a lot of emotions involved as well.  Am I ready to retire? Some might say, I don’t want to retire.  I fully...

10

Retiring early means no more job-related stress

Three years ago, I decided to retire early, and live my life in my way. Five years ago, I left the engineering career, partly because I was sick and tired of the stress caused by the job.  While in the rat race, I managed the stress okay.  But, when the choice came up, I would prefer not having the share of stress. Job-related stress is no stranger to...

14

Retiring early is an adventure

Retiring early was always my dream. When my kid was young, many times I wished I were able to stay home with him.  Sending him to the day care at that young age was like sending him to the war zone.  It ripped his heart and mine.  I always felt the guilt.  Why did I have to work?  I needed the money to live.  It’s just that pure...

7

Demystify financial advisors

Nowadays, financial advisors are all over the places.  You see them at the banks, insurance companies, brokerage firms, wealth management companies, or mixed business of the above.  You wonder what kind of financial advisors work for your best interest. In order to get your business, some might even say that, their consultation services are free.  The word “free” always alerts me, because there is no free service.  Everyone...

17

Is early retirement good or bad?

Does early retirement work for everyone?  Is early retirement good or bad?  Should people retire early?  Or work to the age of 70, as Suze Orman suggested? From my experience, I feel early retirement is great.  I can do whatever I want, and live a life without work-related stress.  Here are some of the early retirees in the personal finance blogging community, who are enjoying their early retirement...

10

An early retiree’s worries

Did I say worries?  Should early retirement life be the utopia? I retired in April 2015, at the age of 49.  The first week after retirement was very unique.  I was up in the air pretty much the whole week.  Everything was exciting, and refreshing.  I walked even faster during the daily workout. After one week, the reality set in.  And my daily routine was formed. If things...

8

Lessons I learnt from the 2007-2008 Financial Crisis

Ten years ago, the 2007-2008 Financial Crisis rocked you, me and the whole world.  The Dow Jones Industrial Average (DJIA) peaked to 14,164 on October 9, 2007, and hit the bottom of 6,507 on March 9, 2009.  DJIA dropped by 54% from the high of October 2007. I was very scared.  In less than one year and half, my investment portfolio had dropped by more than half.  It...

2

2018 – a new financial start

Happy New Year!  I hope you had a great holiday. New Year means a new financial start.  Now it’s the time to take a fresh look at your finances, and see what can be done better in 2018. You might ask:  why do I have to do that?  It’s because money can’t take care of itself.  You have to be on the driver seat, and take actions to...

2

Wrapping up 2017 – Roth IRA Conversion and Book List

2017 is almost done.  Did you have a great year? I look forward to 2018.  The New Year always brings me hope and excitement.  Part of the reason is that, I love spring.  It’s the season when it gets warmer, flowers start blooming, and trees and grass become green. I have retired for 2.5+ years.  Life has been very good.  One day I was at a doctor’s office. ...

17

How did I retire early?

To many people, retiring early is their dream.  It means that, one day they will be able to quit the rat race, and live the life they want.  Some described the retirement life as 3 NOs:  “No clock, no boss, and no worry”. How to get there?  What should I do in order to retire early?  These are the questions many people ask.  I retired in early 2015,...