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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

5 Signs It’s Time To Consider Retiring Early

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Entrepreneurship, Investing, Business, Careers, How To Retire, Retirement Planning, Stock Investing, Real Estate Investing, Retirement, Personal Finance, Save On Taxes, Early Retirement

4.7583 Ratings

🗓️ 5 August 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

What if you could choose to work not because you have to, but because you genuinely want to? I want to ensure you don't work longer than necessary, without working too long! Create Your Custom Early Retirement Strategy Here Get access to the same software I use for my clients and join the Early Retirement Academy here Ari Taublieb, CFP ®, MBA is the Chief Growth Officer of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with con...

Transcript

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0:00.0

How would you feel if you knew you did not have to be working? Now, I know some of you would actually

0:04.6

be like, I like working. I just would feel better knowing I don't actually have to be here. I'm here because I want to. And if I have a bad day, I could find another role. Or actually, some of you are like, hey, I actually have a business. I'd love to run. I just don't have the time and capacity and I'm worried because financially I want to make sure I can retire early one day and I don't

0:23.7

want to

0:21.1

make sure I can retire early one day and I don't want to work forever doing what I'm doing. So I see both

0:26.5

sides. What I want to make sure all of you are not doing is working unnecessarily. And you would be

0:32.7

surprised how often I see that while also being the meanest financial advisor.

0:39.4

And when I say that, I'm not actually mean.

0:40.2

A lot of you know that.

0:43.3

But I just care that you do not run the risk of running out.

0:48.8

And I care that I do not want you to be mad at me when you have $10 million at age 90 going,

0:53.2

why didn't I work essentially less when I did not need to be working?

1:11.0

And why was I beating myself up working so hard for that promotion when it turns out I'm already in a fine position. Maybe I did not need that level of responsibility. So most of my clients, I think some of you know this, they don't actually retire early. They go, wow, really good to know. I don't need to keep working. Now some clients I have absolutely absolutely are like, I just, if I didn't have to work, I wouldn't be working. I'd be traveling and

1:14.4

do other fun stuff. But a large majority actually continue working. They're just doing something

1:19.3

they enjoy a whole lot more. And sometimes it's their volunteering and they're deferring,

1:24.6

you know, their spouse's compensation into a different retirement account.

1:27.9

Sometimes both spouses go volunteer.

1:30.0

Sometimes one spouse opens up a business that they really love.

1:33.2

So today I'm going to be discussing when are the signs to consider if you actually should retire?

1:39.0

We're going to be discussing it financially as well as how to actually create purpose and fulfillment.

1:44.0

Now, as always,

1:45.1

I'm going to be starting with I have one fun review of the week. And then I also have another

1:50.2

interesting comment I want to share with you all. So my name is Ari Taal bleep. I'm a certified

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