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.
Value in Disillusionment?
and Akaisha Kaderli
days unpredictability is the theme of the marketplace, and hordes of would-be
retirees have lost solid gains in their portfolios
and home values. Seemingly, there is no place to turn for financial
solace, with dread and anxiety running rampant.
But perhaps there is value in being disillusioned. Just as the people in Florida will be forced to reconstruct their lives or those who have lost assets in
other natural disasters will need to rebuild their homes, perhaps your
retirement dreams are calling for a major makeover.
remodeling of your retirement dream
may balk at the dents our retirement ambitions have undergone over the last
couple of years, it hasnít been all bad. The common sense approach to lifestyle
choices that Billy and I have been embracing for the last thirty years have now
become fashionable. Keeping the conversation real about leaving the
workplace has forced us all to recognize that
our future retirement lifestyle dreams must have teeth.
so awful about that?
reality check and putting our priorities in order about what we want in life is
a good thing. We donít normally do that when our lives are comfortable. Why take
time to reflect about what we value when we are
living large and spending like thereís no tomorrow?
And now tomorrow has arrived.
We discover what we are truly made of when forced to make hard choices or
tradeoffs about our future. Again, we see this as something in the
positive column. Knowing who you are and what matters most to you makes you
strong. Looking back at
what ifs will only dissipate your focus. Moving forward
is far more advantageous.
Finding out where you are; practical steps
the equity in your home tanked, you had a distressing realization about the
amount of debt you were carrying or you made some less-than-stellar investment
decisions lately in this fluctuating stock market. Alternatively, maybe
everything has gone right for you, but instead, itís
the fear and insecurity about the uncharted waters ahead that holds you
to a job you truly dislike.
No doubt, all of this instability and unfamiliarity can seem to be overwhelming
at times. What can you do to gain a sense of control?
1. Cut fear down to manageable bites
Fear corrodes your life. The best way to deal with anxiety is to take action.
If your current lifestyle is not sustainable and your retirement ambitions are
whimsical, what can you do to gain traction?
Get a grip
on your spending, debt management and savings. Even if you have to
start small, moving forward is better than treading water. There are long term
measurable benefits to choosing substance over style, and with that, your
confidence will build.
Cutting your spending to pay down debt will also bring you assurance. Optimism
is an essential ingredient in dealing with the future and
positive thinking has
more power if itís based in a practical plan.
Make yours now.
2. Evaluate other options for health care
We receive letters from our readers enumerating concerns over their ability to
care in retirement. For these people, it is their number one
priority, and their entire future hinges on
this one expense. As health insurance premiums rise, no amount of savings seems
to relieve the emotional pressure they feel. They live in a state of constant
threat, which is not good for their health!
For a while now, the health care issue in our country has been in a state of flux. The rules
governing its administration seem to be changing daily, so no one knows exactly
future will bring. But why wait for someone else to
make the rules? Get on with your life.
Your choices do
not have to be limited, and
you do not have to build your future around
that one topic.
There are alternatives to consider and
having a backup plan can bring you peace of mind.
world travels over the last three decades, Billy and I have personally
taken part in
medical tourism and with satisfying results. From our first-hand
experience, we can recommend this option. There are agencies which will help you
choose your doctor, find lodging for your companion, answer your questions about
follow-up care and take you door-to-door and back again if you so wish. If you
want to learn more about this possible solution you can visit our
Medical Tourism Page.
But what if you are not the traveling kind, and the idea of going far from home
for medical help is off the table in your discussion?
This is such a perplexing puzzle that you can gain some solace in realizing that
you are not alone. Joining
financial forums and researching
health care topics will give you access to hundreds of people who are solving
this problem for themselves. These discussions will give you practical answers
and valuable insight.
While it may seem simplistic, putting the healthcare issue into perspective with
other categories in your life will help you move into your future retirement
with more ease
3. Think out of the box -
While many of you may not have contemplated leaving your hometown for your
retirement years, you may find yourself in a different frame of mind lately.
There are dozens of countries and hundreds of cities in the world to live that
wonít put a financial stress on your savings. Depending on your lifestyle, there
are locations in
Panama and others, where you can easily live
Social Security check. We know people who are doing this now. They
simply have their check deposited into their U.S. based bank account, and then
use an ATM machine anywhere in the world to retrieve
funds in the local currency.
Contrary to the news we get on TV in the U.S.,
there are many places in the world that are every bit as
safe as living here in the States or Canada.
Safety exists alongside danger everywhere.
you can find average and below average cost of living cities in the United
States which may hold great appeal for you, or tax friendly states in which to
live. We also list links to Expat newsletters and forums from around the world
for you to obtain the information and assistance you need to help you relocate
if you choose. Why not open up to this possibility and relieve some of the
demand you feel on your pocketbook?
4. Donít let peer pressure decide for you
Change often brings stress with it and many times we turn to loved ones for
comfort and input. If one of the solutions to your retirement future means
moving out of state or country, this can intimidate those whom we hold dear.
Family and friends may try to keep you close by pointing out the struggles
involved in your plan, and instead of helping, you could have more doubt than
Remember, this is your life.
Clarify whatís important to you, set your priorities to your satisfaction, then
allow this to be your north star.
We know of couples who moved to be close to children and grandchildren during
their retirement years, only to have their children take out-of-state
employment, bringing the grandchildren with them. Instead of moving again, they
now keep in close contact by utilizing Skype, Face Time, and Zoom, along with
visits whenever feasible.
5. Dealing with the general fear of the unknown
There are great emotional components to retirement. Studies we have read point
out that it's not always finances preventing people from leaving the world of
Fear can come on many
If you have been hard driving, productive, loyal
to a savings plan, or the ĎGo-toí person at work, the actual act of retirement
could leave you without a sense of direction or feel like a letdown. You could
be scrambling for a self-definition that you can live with, anything that
doesnít make you appear to be soft or lacking ambition. Or
your biggest fear
might be that you could find yourself bored, without a schedule, and wondering
what you will do all day.
No doubt it's a leap to leave the unfamiliar and go to a world that has
different parameters for success.
Don't forget that even though you retire, your life will be a series of
It doesn't happen in one fell swoop.
If you don't like a
particular avenue or outcome, change your mind. Life is fluid. You are not
stuck, unless you think you are.
It is prudent to remember that
there are no guantees, but many ways and styles
to live Ďlife away from work.í Yes, there are tradeoffs. Anything worthwhile
will ask you for that.
So we encourage you to keep your sense
of possibilities and welcome these recent
financial and mental collisions to your retirement dream. While everyone has to
find their own comfort level for the future, you may find that you have stumbled
upon something far more rewarding than if you had never been challenged in the
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
Adventurerís Guide to Early Retirement and Your
Retirement Dream IS Possible available on their website
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Early Lifestyle appeals to a different
kind of person Ė the person who prizes their
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time, and who doesnít want to mindlessly
follow the crowd.
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