Retire Early Lifestyle
Retirement; like your parents, but way cooler

 
 

 

Retire Early Lifestyle Blog  Free Newsletter Subscribe/Contact Us

Advertise on RetireEarlyLifestyle.com info here

In 1991 Billy and Akaisha Kaderli retired at the age of 38. Now, into their 3rd decade of this financially independent lifestyle, they invite you to take advantage of their wisdom and experience.

Five Tools for Retirement Planning

Billy and Akaisha Kaderli

Share on Facebook

Akaisha and Billy at Monte Alban in Oaxaca, Mexico

Akaisha and Billy at Monte Alban in Oaxaca, Mexico

Recently we were interviewed by Andrew Hallam for the Canadian paper, The Globe and Mail. As what happens sometimes, a retirement forum thread opens up to hash out the numbers quoted in the piece. Also, general conclusions of the article tend to run on both sides of the fence from “What they did was so foolhardy!” to “What an inspiration!”

People don’t always agree, and I realize that we have placed ourselves purposefully in the public eye. This position requires that we take the slings and arrows along with the kudos.

What is risky?

But it also brought up a good conversational point with Billy and me – What exactly is a risky choice? And should we avoid them?

 

These days, 50% of first marriages end in divorce and 67% of second marriages end up on the rocks. Yet people get married all the time. What sort of businessman would invest in a company with that kind of failure rate? Add children or blended families to the mix and the stress levels soar.

Love makes the world go round, and no matter what the numbers say, people fall in love every day. Sure, some people sour on partnerships and won’t take the leap, but more people do than don’t.

We were “lucky fools”

Some forum members claim that we have been “lucky” or that it’s one in a billion that our retirement has worked out for us. Or that we had the wind at our backs with the market of the 1990s, but they forget that we were also invested during the crash of 1987, the dot com bubble in 2000, and in the latest crunch, the Great Recession.

Some say if we weren’t “lucky” then we were fools to have made the decision to retire at so young of an age, and with less than 2 million at the time. And it is irresponsible of us to tout such a plan to others when failure is sure to visit the doorstep of anyone who follows. Seems everyone wants a guarantee when there are none in life.

5 dependable tools

It wasn’t luck nor was it foolhardiness. Billy and I would like to share five tools which we used that will also help you achieve your retirement goals, regardless of what age or how much money with which you start your journey.

Persistence

Calvin Coolidge stated that persistence and determination alone are omnipotent. To keep on keepin’ on when others have given up will surely bring you the prize. Whether it’s saving for your financial goals, keeping your dream alive or just plain not giving up. Even Winston Churchill counseled to never give up. Ever.

Commitment

Being committed to a goal sometimes means that approaches to achieving that goal must change. Perhaps something must be cut from the plan or added. Maybe it will take another year to achieve the dream, or the house should be downsized, or the realization dawns that an opulent style of retirement must be replaced with something more reachable. Being committed doesn’t mean you never let go, it could mean that a flexibile description could be your best option.

 

Communication

Ah, yes. The dreaded word… If you are working out your dream with a spouse or partner, then literally, it takes two to tango. If one person wants to travel and the other wants an organic garden and two dogs, you are being challenged to work this situation out. Find a win-win solution for the both of you. It is absolutely possible, and it doesn’t mean that one person gets to have their dream while the other person gives theirs up. Sometimes communication means you listen to the other side.

Self-responsibility

Carry your own water. Know what you are looking for in retirement. Know what you want to do with your time. Know where you want to go. If you are working with a partner then both of you should be contributing 60%, not 45-45%. Know your talents and what you bring to the table. Don’t whine because it’s too hard. Get a mitt and get in the game.

Sense of Humor  

Keep in mind that it’s not just the destination but the journey. With all this heavy stuff remember to lighten up and laugh, recalling why you want to retire in the first place. It makes the path to your goal more joyous.

Want us to be your private Retire Lifestyle Mentors? Find out more, click here

For more on Retirement Topics, click here and here

Free Newsletter, Subscribe here

About the Authors
 
Billy and Akaisha Kaderli are recognized retirement experts and internationally published authors on topics of finance, medical tourism and world travel. With the wealth of information they share on their award winning website RetireEarlyLifestyle.com, they have been helping people achieve their own retirement dreams since 1991. They wrote the popular books, The Adventurer’s Guide to Early Retirement and Your Retirement Dream IS Possible available on their website bookstore or on Amazon.com.

Retire 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.

HOME   Book Store

 

Retire Early Lifestyle Blog      About Billy & Akaisha Kaderli      Press     Contact     20 Questions     Preferred Links     Retirement     Country Info    
Retiree Interviews
      Commentary     REL Videos

 

 

 

 

 

 

 

Subscribe Newsletter