Early Retirement Blog

Should you invest in a 401k if you plan to retire early?  Yes, IF… If you are planning an early retirement, you should only invest in your company’s 401k plan if, 1) the company provides a matching contribution, and 2) your 401k is not your only retirement savings plan. If your company is offering to [...]

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Are you being forced into early retirement because of a layoff?  Millions of American workers over the age of 55, who have been laid off in the recession, have been forced into early retirement.  Not having planned on retiring, most laid off workers obviously, don’t have a retirement plan. Most American workers forced into early [...]

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Is your employer offering you a voluntary early retirement incentive package (VERIP) to try and avoid layoffs?   Do you want to find out if you can take advantage of your employer’s voluntary early retirement incentive package and retire early? If you visit a traditional financial planner, or try one of the many free online [...]

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Many people who visit the Early Retirement Blog want to know, can I retire on $650,00, can I retire on $400,000, can I retire with less than one million dollars, can I retire now?  The answer is yes, yes, yes and maybe. Take your net worth, all your assets minus all your debts, and multiply [...]

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You should not retire in debt.   Why?   Financially, it is much better to retire your debt, than it is to retire in debt.   Retirement debt can dramatically reduce your retirement income. Many Americans retire in debt, afraid of the impact getting rid of their debt, will have on their net worth.   [...]

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When do you want to retire?   In 5 years, 10 years, 20 years? Today? Why can’t you simply pick when you want to retire and get a retirement plan that makes it happen.  Now, you can. With Green Retirement Planning, the choice is yours, you  decide when you want to retire.   When you [...]

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Is your RV your retirement home? I’m ignorant when it comes to RV’s, but to me, it seems to make a lot of financial sense to sell your house and use an RV as your retirement home.   Owning an RV is much cheaper than owning a house and more flexible.   No longer like [...]

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Should I rent or a own a home in retirement?   Which makes more financial sense? Common questions that many people ask before they retire. First, as I explained in a previous Early Retirement Blog article, “Should I Retire With A Mortgage?“, you should not retire with a mortgage. Either pay off the mortgage, or [...]

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A whopping 41% of Americans, between the ages of 60 and 69 are paying a mortgage on their home, even though half of them have enough savings to pay off their mortgage.  A common question people, who are about to retire ask is, “Should I retire with a mortgage or pay it off before I [...]

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With the economic collapse, and the large number of layoffs, a lot of people are asking themselves “Can I retire with less than a million dollars?” The answer is yes, you can retire with less than a million dollars. With a million dollars, you can safely spend between $2,500 and $4,000 per month, depending on [...]

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