Financial Autonomy
The 10 worst things you can do to prepare for retiring early - Episode 48
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:10:08
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Sinopse
Episode 48 – the 10 worst things you can do to prepare for retiring early So your financial autonomy goal is to retire early. For some that might mean retiring at age 35 and for others age 58. Often, especially for those looking to retire at the younger end of the spectrum, it will mean ceasing their current role, but still engaging in some income producing activities. So retiring early looks different for each of us. We usually talk about what you should do to achieve your financial autonomy goal, but today I thought I’d flip it and instead look at what you should avoid. Want to ensure your early retirement plans never come to fruition? A good place to start would be to have no handle on your cash flow. Achieving any sort of retirement goal is a dollars and cents equation. If you boil it down, you need to solve how you will have enough money to meet your living costs. Now if you don’t know what your living costs are, how can you possibly know whether retirement is possible, how much you need to save, an