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In 1991 Billy and Akaisha Kaderli retired at the age of 38. Now, into their 4th decade of this financially independent lifestyle, they invite you to take advantage of their wisdom and experience.

5 Steps to Early Retirement

Billy and Akaisha Kaderli

Having a fabulous time in Mexico City, Mexico

Having a fabulous time in Mexico City, Mexico

Committing to your retirement doesn't have to be complicated or difficult. Now is the perfect time to get started on your roadmap for retirement success. We're living proof -- we followed these simple steps 30 years ago, and they worked for us. Here's what we did in order to retire early.

1. Track spending.

Take a close look at your expenses on a daily basis. Once you start doing so, you'll be amazed at what you're spending your money on. Businesses must look at their cash flow in order to stay afloat; why shouldn't you? It only takes a few minutes a day once you set up your system. After a month or two, you'll discover where you can reduce your cash outflow. Within a year, you'll be in control of future spending.





2. Save a lot.

Once you have control of your spending, save that extra money for your future. If you're younger than 30 years old, a good target is to save 10% of your gross income -- not your take-home pay, but the full amount of your salary before taxes and other deductions. After a short time, you won't miss the difference, but your savings will grow substantially. If you're over 30, increase your savings rate to 15% or more if possible. Take full advantage of employer-sponsored plans like 401(k)s, matching contributions, and any other retirement benefits you receive -- but don't include them in your savings percentages. That should be on top of what you're already saving on your own.

But what if you weren’t able to save enough money for your own property? Where will you stay? Luckily, there are options that you can consider. If you want to save more money on accommodations during your retirement, consider staying in assisted living apartments so you get your own room, have other people in the house, and get the house care and medical care you deserve.

3. Invest wisely.

Learn about investments, become your own expert, and keep things simple. You don't need to impress your friends with financial terms just so you can look knowledgeable. It's all about your results; if you can't outperform the S&P 500 Index year after year, take a look at simply matching it through index investing. If you want to pass down your property investments to your children, make sure you hire trust attorneys to avoid any disputes.

4. Put peer pressure into perspective.

Social pressure to spend can be subtle and pervasive, and it can divert you from your commitment to retire early. Marketing specialists tell you that if you only buy this new product, car, house, or membership, your lifestyle will improve. It's reasonably easy to tune out that marketing message, but you have to handle your friends with a little more tact. Trying to match the spending of our peer group is a surefire way to derail financial goals. Decide now that you don't have to keep up with their consumption to fit into the crowd. The choice is yours -- not theirs.

5. Keep your eye on the prize.

Set realistic goals and keep to your plan. The amount you save, how you invest, and when you plan to retire may differ from your colleagues and others. No one will be as dedicated or determined as you are to reach your objectives. Put these goals somewhere you'll see them often, to remind you to keep you on course. Every time you get sidetracked by spending a little bit more, succumbing to peer pressure, or choosing not to put extra money into your retirement funds, you're literally delaying your retirement date by weeks, months, or perhaps even years. Stay focused.





About the Authors

Billy and Akaisha Kaderli are recognized retirement experts and internationally published authors on topics of finance, medical tourism and world travel. With the wealth of information they share on their award winning website, they have been helping people achieve their own retirement dreams since 1991. They wrote the popular books, The Adventurer’s Guide to Early Retirement and Your Retirement Dream IS Possible available on their website bookstore or on

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Retire Early Lifestyle appeals to a different kind of person – the person who prizes their independence, values their time, and who doesn’t want to mindlessly follow the crowd.

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