In last week's episode, I went over five things that my clients who successfully retired early

implemented so that they had a fulfilling, fun, purposeful, and financially sound retirement.

In today's episode, I'm going to be doing the opposite, not just telling you all the terrible

things, but I'm saying, hey, guys, here are 10 things I need to make sure that you are avoiding

if you are considering an early retirement. So it's almost like a part two to last week, but if you haven't heard last week's episode, totally fine. This episode is still going to Resnay. But I do encourage at least listening to both at some point. With that being said, I want to start to hop right in because I'm too excited and I just want to start going over these with you.

I do want to go over a recent review and this comes from a YouTube comment and I want to say

thank you because of a very special comment. It's going to be sad. Okay. Now I do not want to start

off your Monday in a sad way if this is when you are listening to this episode, but it is sad

but important and maybe it's going to re maybe rewire your brain a little bit. Probably not. But I let's see what you think. Okay.

This comes from James Chavez, 5723, who says, a friend kept moving those goalposts from one

million, one and a half million to two point two million. This took him four years. Sadly, he dropped dead two weeks later. I bet he would have settled for that one million in those four years back. It's a very sad comment, but James Chavez, 5723, thank you for sharing that on YouTube. The reason I'm bringing that up today is there's a lots of mistakes out there, and I do not want you to make them when it comes to an early retirement. I also don't want you to get overwhelmed and go, oh my gosh, there's so much to this, I'm not going to take action. I know, and a lot of you know this, but I'm a soccer player, and when I go to physical therapy and they show me exercises that sound good with fancy names, but I don't know actually how to do them if they don't show them to me.

I know they're good for me. I know I should do them. I don't do them. Okay. I'm a human being. And because of that, I want to make sure that I understand the exercises and I'll make them show it to me two or three times until I go, great. I get it. Now I can't wait to do the reps at home because I see how it's going to help me. Same thing here. What's happening is this friend,

they kept moving the goalpost back because they did not have confidence as to how

much they needed when they retired. And I'm sure they said, yep, I've got a million bucks. I'm good to go. But, you know, one and a half, I'd feel a whole lot better. Yeah, six more months, one more bonus, then I'll retire.

Yeah, 2.2 million sounds good,

but, you know, I'd really love to have three,

and then all of a sudden,

you can pass away.

And none of us know how long any of us, then I'll retire. Yeah, 2.2 million sounds good, but, you know, I'd really love to have three,

and then all of a sudden you can pass away. And none of us know how long any of us have. And that is the reason, in large part, I do what I do. I do not want you later in life going, I'm kicking myself because I didn't consider retiring early and I don't want to retire too early, okay i'm not mr nice guy that guy. That's just going to say, hey, you can go retire. But if you want my green light or green flag, there's steps we have to walk through and I'm going to walk you through what I need you to avoid if you are considering this. So let's start to hop through my little list here I put together. And the first one is underestimating expenses. It is fun to talk about investments and

tax strategy. And you know I'm going to talk about them more than the average person because I

obsess over this stuff. But with that said, underestimating expenses is a very simple thing that

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