There are a lot of misconceptions when it comes to an early retirement, and there's a lot of

information out there that makes it overwhelming. So I'm going to break it down. In 15 minutes,

you are going to know exactly what not to focus on because there's a lot of fluff out there,

which can make it really confusing. Now, I also, this episode is half prompted by a client

of mine who said, Ari, it's been helpful working with you, but what I really

wish I knew is all of these tips when I was at age 40, so I could have prepared myself even better. And so I'm giving all of you these tips, so that even if you are not in your 40s or early 50s, you're going, hey, here are things I can start implementing before you retire early. Now, the majority of people that do reach out to me,

they're between 50 and 65 and they want to make sure they've done a really good job optimizing all

of this and that they don't miss anything for the future. So just FYI on that, I am making all of this

content and more on YouTube. And if you are looking for a specific customized strategy, of course,

that is what I help people to do. I do not believe in vacuum planning or cookie cutter planning.

And you might have heard of these terms before, but vacuum planning, the idea of making any

recommendation in a vacuum. So, for example, here's an investment recommendation, or here's

a tax recommendation or a state. No i believe in holistic planning and i tell

people in my some of my clients still listen to this podcast so apologies if you're hearing this again

but i don't believe in asking someone how old are you and what's your risk tolerance and stopping

there to me it just doesn't go deep enough so here are the considerations i'm going to hop into right now

when it comes to, okay, what should

you absolutely not think about? And then what can you do to make sure you're doing the right

things when it comes to an early retirement? So let's hop right into five common misconceptions

with early retirement, which is number one. You need to rely upon two incomes forever.

Some people think that they need a pension or they need social security or they need the

portfolio and maybe they saw an article online.

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