3 Tips To Retire Early And Not Run Out of Money
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 585 Ratings
🗓️ 16 January 2023
⏱️ 17 minutes
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| 0:00.0 | Welcome back to the early retirement podcast. Now, if you've been listening for a while, you know that I |
| 0:04.4 | believe a good retirement plan is important. But the truth is, I believe it's even more important if you |
| 0:10.1 | want to retire early. Now, when I say retire early, I'm really talking about before age 65. So if you |
| 0:17.3 | want to retire early, the reason a plan is so important instead of just kind of important |
| 0:22.3 | is that you're going to be cutting a few more years of saving and you're going to be adding a few more |
| 0:27.3 | years of spending to your nest egg. So to really make this early retirement work, and I don't even |
| 0:33.4 | love the word work, but really optimize it, you're going to need to have a lot more money saved up |
| 0:38.3 | to reach that, what I'll say, ambitious target. For many people, it is ambitious. For other people, |
| 0:44.3 | less so, but you need a disciplined plan of how am I going to save money, how am I going to invest that |
| 0:50.6 | wisely, knowing I'm not on the same path as call it a traditional retiree. |
| 0:55.7 | So just really important to understand that when we're creating this, there's more that |
| 1:00.7 | goes into it as opposed to just normal retirement planning because we want to retire early. |
| 1:05.4 | So I'm going to be talking about that during today's episode, but want to always say thank you to all of those |
| 1:11.6 | who continue to rate and review the show. It helps the show grow and it helps me let more |
| 1:16.8 | people retire early. I want people to know when they are in a position where work is now |
| 1:21.3 | truly optional. So I want to start by just highlighting a quick recent review. And once again, |
| 1:27.3 | the podcast is on YouTube. |
| 1:29.2 | For some of you who have been submitting questions going, the podcast, I hear you talk about it. |
| 1:33.1 | Is it on the podcast apps? Is it on YouTube? It's available everywhere, but it's now also |
| 1:38.0 | on YouTube in case that's helpful for your listening purposes. So the review was by someone under the username of E-Token, and he says |
| 1:48.1 | fantastic level of specificity and detail in many different aspects of retirement, financial management, |
| 1:55.4 | so one can apply to their specific situation. Thank you, E-Token. I appreciate that five-star review. And once again, |
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