Retire Early
Lifestyle
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. |
|
Hawaiian
Girl
Billy and Akaisha Kaderli

Riding in the Andes Mountains in
Ecuador
As many know, I am more than
willing to offer
financial advice in order to help others to become
financially independent.
The sooner
the better – that’s good for everyone,
right?
I met a lady at a recent
event we attended and in our visiting together I steered the conversation
towards finances. Knowing that she lived in Hawaii and seeing that she was
probably in her 40’s, I falsely assumed she had some knowledge of money and
how it works.
I was
wrong.
After I shared that
we
retired at the age of 38, I asked what her
financial plan for retirement was. She
told me that she did not have much faith in the future, therefore she had
none. I asked her, “What if you are wrong?” Her response was “I do not think
I am wrong”
The Dollar is going to collapse
I have been hearing of the
impending collapse of the Dollar for the last forty years.
First it was going to be
replaced with the German Mark, then the Swiss Franc, then the Russian Ruble,
Chinese Yuan, and now Bitcoin. Maybe someday they will be right, but so far
betting against the Dollar has been a costly investment.
I like to tell people that the
Dollar is the cleanest shirt in the dirty laundry bin. Maybe you have some
special inside trading information, but for me, I’ll stick with the U.S.
currency.
Various apocalyptic scenarios
Maybe it’s part of being human,
but it seems that society creates ominous future scenarios of various sorts
to scare the living bejesus out of everyone. I’m not sure what the point of
these hopeless futures and prophetic collapses are, but I do know one thing.
Just as we take care of our bodies by exercising and eating well, it’s
important to support our minds by investing in a
beneficial and uplifting perspective.
You know the old saying “If you
think you can or you think you can’t, you’re right both ways.”
If you find yourself holding
onto a negative world view, how is it possible to move forward with your
life? Your retirement plans? Even day-to-day living?
Holocaust survivor Viktor
Frankl in his famous book, Man’s Search for Meaning made
profound points about enduring life challenges and even the unspeakable.
Those in the German concentration camps who had a reason for living, those who had
someone to love, survived that monstrous situation. Those who had nothing to
live for, gave up and simply died.
Back to financial investing for
profit, it was Baron Rothschild, who said that "The time to buy is when
there's blood in the streets." When things look the bleakest is the time to
buy. We seemed to survive Y2K and the
Mayan calendar End of the World
projections. When there is no hope for the future, it’s time to go long.
Remember the 2009 financial crisis? The S&P 500 Index hit 666, today it is
about six times higher. Buying on that day of the low would have taken
some cajones….yet people did and have been handsomely rewarded.
None of us know what the future
holds. If you have a bleak outlook for the future you can always short the
markets and make money that way. But if you are more optimistic that the sun
is going to shine tomorrow and the world’s problems are more manufactured
than real, then you need to be an investor.
This is not to say throw
caution to the wind and dump everything you have in the markets, but no
matter what your age - and a good guideline is to subtract your age from 120
and that is the percentage you should have in the equity markets - it is
important to have assets invested there
so your portfolio has a chance of growing, out pacing inflation.
Is this a good time to go long?
What's Your Number? - How much money do you need to retire?
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About the Authors



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.
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