Retirement; like your parents, but way cooler
In 1991 Billy and Akaisha Kaderli retired at the age
of 38. Now, into their 4th decade of this
financially independent lifestyle, they invite you
to take advantage of their wisdom and experience.
Retiring early, or before the traditional retirement age of 65, can be a
challenging but rewarding goal. There are a number of factors to consider when
planning for early retirement, including your financial situation, lifestyle
goals, and personal circumstances.
The first step in planning for early retirement is to take stock of your current
financial situation. This includes assessing your income, expenses, and savings,
as well as creating a budget and
your spending. You will also need to
much money you will need to retire, which will depend on your
lifestyle goals and desired level of
One important factor to consider when planning for early retirement is your
investment portfolio. A diversified portfolio of stocks, bonds, and other assets
can provide a steady stream of income that can help sustain you during your
retirement years. It's also important to have
a good understanding of the
different types of investments, the risks involved, and how to build a balanced
portfolio that aligns with your risk tolerance and financial goals.
Another important consideration is creating multiple streams of passive income.
Renting out property, investing in dividend-paying stocks, and starting a
business that can generate income even while you're not working, can help you to
In addition to your financial situation, you will also need to consider your
lifestyle goals and personal circumstances. This includes thinking about what
you want to do with your time once you retire, and whether you have any other
commitments, such as caring for children or elderly parents, that may impact
your ability to retire early.
There are also different ways to approach early retirement. Some people prefer
to "semi-retire," which means continuing to work part-time or in a different
capacity after leaving their primary career. Others may choose to have a
"location-independent" retirement, which enables them to travel and live in
different places while still being able to earn money through remote work or
digital nomad lifestyle.
It's important to keep in mind that early retirement is not for everyone. It
requires a great deal of planning and discipline, and it may not be the best
option for people who enjoy their work and want to continue working into their
In conclusion, retiring early can be a challenging but rewarding goal. It
requires a combination of financial planning, diversified investments, multiple
streams of passive income, a good understanding of personal circumstances, and a
clear understanding of lifestyle goals.
About the Authors
Early Lifestyle appeals to a different
kind of person – the person who prizes their
independence, values their time, and who doesn’t
want to mindlessly follow the crowd.
Retire Early Lifestyle Blog
About Billy & Akaisha