Ways How Home Care Can Help You In Retirement

 

This post is no longer available. Thank you for your interest in our site! 

For more information on Financial Independence, World Travel and Medical Tourism, Please visit our website at RetireEarlyLifestyle.com

Thank you!

 

Posted in All Things Financial, Guest Blog Posts, Health, Heart Song | Tagged , , , , | Leave a comment

How Can Senior Citizens benefit from Smartphones?

 

This post is no longer available. Thank you for your interest in our site! 

For more information on Financial Independence, World Travel and Medical Tourism, Please visit our website at RetireEarlyLifestyle.com

Thank you!

 

Posted in Adding Pizzazz to Your Life, Guest Blog Posts | Tagged , , , , | Leave a comment

What Is the Importance of Home Care when Retiring

 

Thank you for visiting the RetireEarlyLifestyle Blog!

This post is no longer live, but if you want to know more about financial independence, world travel and medical tourism, please visit our website.

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.

Thank you!

 

Posted in All Things Financial, Health | Tagged , , , | 1 Comment

Tips for having the appropriate watches

 

Thank you for visiting the RetireEarlyLifestyle Blog!

This post is no longer live, but if you want to know more about financial independence, world travel and medical tourism, please visit our website.

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.

Thank you!

 

Posted in Guest Blog Posts | Tagged , , | Leave a comment

Four Tips for Booking a Local Hotel

 

This post is no longer available. Thank you for your interest in our site! 

For more information on Financial Independence, World Travel and Medical Tourism, Please visit our website at RetireEarlyLifestyle.com 

Thank you!

 

Posted in Guest Blog Posts, Housing, Travel Tips and Insight | Tagged , , , | Leave a comment

Enjoy Some Fine Food and Drinks at ICT Bloktoberfest!

 

This post is no longer available. Thank you for your interest in our site! 

For more information on Financial Independence, World Travel and Medical Tourism, Please visit our website at RetireEarlyLifestyle.com

Thank you!

 

Posted in Adding Pizzazz to Your Life, Guest Blog Posts, Travel Tips and Insight | Tagged , , | Leave a comment

How to Manage the Highest Spending Category in Retirement – Be Creative!

Its not unusual to read in the news about studies which predict the next financial disaster ready to hit retirees and seniors.

Recently I read an article about retirement, and how the figures show that spending for seniors decline the most after the age of 65. The interesting (and most useful) piece of information from this graph, is that the amount of money put out for housing stays about the same from when we are age 45 to the end of our days.

What happens if your pension fund goes under, or severely cuts their payouts to you? Or, what if some other torpedo expense hits your savings?

One of the things you can do to take charge is to monitor – and be willing to change – your conventional housing choice.

Paring down to a smaller home, moving to a state that is tax-friendly, moving overseas where cost of living is more manageable, renting out a room, a section of your home or a casita can bring in extra cash should you find yourself needing to supplement a pension that has gone sour.

Considering a roommate, or perhaps joining financial forces with your children to have an “in-law’s unit” built as part of their home so you have a place to live that is close to your family are also alternatives.

Living on a boat, utilizing an RV as your domicile, or choosing your Active Adult Community manufactured home as your chief domicile are also more affordable options than a 4-bedroom, brick-and-mortar home with the maintenance costs, insurance and high property taxes.

There are so many more attractive choices today for housing than ever before.

The most important thing is to have your plan B – and to start thinking about that NOW, instead of waiting for a financial disaster to come and blow you out of the water.

 

Posted in All Things Financial, Housing | Tagged , , , , , , , , , | Leave a comment

“Change Is Hard,” She Said

It was cool sitting on the shaded veranda.

We were surrounded by a lush garden, and my best friend and I were staring at the Bradshaw mountains of Arizona in the background.

Change is hard,” she said to me.

How many times have I heard this? But I took a few moments to mull it over again.

“I’m not so sure it needs to be…” I gently offered back to her.

I felt that emotional resistance of someone who absolutely holds this belief to be true.

On her face I could see the “Oh, here she goes again” expression that I sometimes get.

To this, I responded, “Look. I know ‘everyone’ believes that. ‘Everyone’ thinks change is hard because they’ve been told it’s hard. They’ve been taught that it’s hard…

“Unbearable, even.”

The wrinkle in her brow told me she wasn’t yet convinced. Over and over, life experience has shown her how hellish it has been to make changes. She has always said that she didn’t “do” change very well.

I leaned in a little closer to her and pointed to her garden.

“Do you see those plants?

“The butterfly bushes, the trees, the roses… the vegetables you have in your raised beds?”

I could hear her say mentally to herself “So?”

“They are changing.

“Every. Moment.

“Every second.

“They are growing, thriving, … just BURSTING with life.”

I paused for dramatic effect.

With an open hand I gestured to her manicured paradise and then asked “Does this look like a hell-hole to you? Do you hear screaming, cursing, and gnashing of teeth because these plants hate change?”

Bird feeders hung from the rose trellis, and together we watched a few wild rabbits munching on the seed that had fallen. Humming birds zipped through this idyllic scene and the silent butterflies landed on her specialized plants to attract them.

“I think Life is Movement,” I almost whispered.

Warming to my topic, I went on.

“Some people call it ‘Change’ and can barely spit out the word because it takes them away from a comfortable routine and they are afraid of what might come next. But actually…

“LIFE MOVES.

“Try not moving for a day or two. Don’t drink water, pass your bowels, blink or even leave your bed.

“I think THAT would be hard…

A few more moments passed.

“This garden that you enjoy every day is the perfect example that movement and change are good. It’s easy, natural, and necessary. Otherwise we’d be dead!

“I think that we have been taught that change is hard. We’ve been taught to hate it. Why not call it movement instead and just go with it?

My dear friend just sort of blinked, staring out into her amazingly full… abundant… back yard.

“Yeah, sometimes I just beg for these plants to grow. I want to see what they’ll look like when they’re a little taller or when they bloom.”

“I bet!” I agreed.

“And do you ever hear them cussing you out?”

She gave me a crooked smile.

“They’re just doing what nature does – grow, expand, bloom… drop a dead leaf…  – Every. Single. Moment.

“I think that’s what Life is supposed to be like for us,” I sighed.

We soaked in the bliss of the warm breeze rustling through the leaves. The fountain bubbled water, and we watched cloud art float by.

Sipping on her iced tea, my dearest companion said “ ‘Life is Movement.’

The feeling is different when I look at it that way.

“I just hope I remember.”

Smiling softly and crunching on an ice cube I suggested (to the both of us), “We’ll have your garden here to remind us just in case.”

At that moment, the back door flew open.

Wanna play cards?” her husband asked enthusiastically. Meanwhile, Noodles, her 8-pound rescue pup jumped up on her lap and started licking her face.

My girlfriend and I looked at each other knowingly.

“Life is movement,” she said confidently.

“Yup, it shure is,” I said as I grabbed Noodles and nuzzled into her soft fur.

 

Posted in Adding Pizzazz to Your Life, Health, Heart Song, Life Between the Tweets, The Power of Words, Women's Work | Tagged , , , , , | 1 Comment

Dumb Things Financial Experts Say, Part I

Do you ever cringe when you read some of what financial advisers say in interviews or online?

Here’s a quote that we can dispute. It’s from Michael Kresh, president of MD Kresh Financial Services and author of You Can Afford to Retire.

Kresh said the average person cannot afford to retire before his/her forties.

“The only people who can retire that young are the people who have hit it big really young,” Kresh said. “You’re looking at somebody who’s effectively hit the business jackpot or lottery.”

It’s also difficult to retire young if you have children. Kresh argues that children can set your retirement savings plan back as much as 10 years, partly because of the increase in higher education costs.

I would have to hand it to Kresh that retirement before 40 can present challenges in ways some have not thought about. Questions like “Now that I’ve quit the job I hate, what do I do? I didn’t expect to land HERE…” or “I didn’t think about all those job perks I got (traveling first class, health care included in my salary, my title and status, co-worker events that filled my social life…)” Some have even mentioned to us that since they have left their jobs, they have gotten depressed! Too much time on their hands!

Yikes.

But we dispute that one has to hit the business jackpot or that it’s SO. MUCH. MORE. DIFFICULT. to retire if you have children.

Our own story proves that being focused, not being big consumers, tracking spending and cutting down on personal infrastructure can be a highway to FIRE.

We’d also recommend that you take a look at our interview with Jillian Johnsrud. She and her husband retired early and are raising 5 children.

So don’t let those financial “experts” define your life for you. Choose your own future.

For more interviews of Captivating Characters and other Early Retirees, click here

 

Posted in About us, All Things Financial | Tagged , , , , | Leave a comment

Are We Being Misleading about FIRE?

Q&A with a Reader

Hello,

Saw the article on MSN about both of you– Congrats on your success. ….. I am sure you are getting tons of emails….

What the article doesn’t mention is how much money you started off with?  I have seen some articles that say $500,000………We are obviously not all stock brokers and successful restaurant owners….

I think it is a bit misleading excluding that information.

My guess is you had well into 6 figures, if not more, to take off and do this…..I am not trying to be confrontational and I know that info is private, but people need the “whole story” or else its of little value….. at least to me….

I think it would take over a million in today’s dollars to do what you are doing…. Not a reality for the majority of the population….

Thanks for any feedback….

Scott

Hi Scott,

Thanks for taking the time to write. We appreciate it.

Catey Hill from MarketWatch didn’t ask us what amount of money we had when we retired in 1991 – but there are other stories that state we had $500k.  Yes, in today’s dollars that would probably be a million or so.

That being said, the FIRE lifestyle or the FIRE choice isn’t for the majority of the population.

It would probably be safe to say that most people would rather live a conventional life, fitting in with their peers, have a job, a pension, own a home, have a pet, maybe have kids, live in the same neighborhood for a decade or more…

But that doesn’t mean Early Retirement can’t be done on less, or with an income less than $100k a year to save up for Financial Independence.

The internet is full of FIRE-ees who have done this (Jillian Johnsrud with her family of 5 kids, Mr. Money Mustache, and countless others). Take a look online for personal financial bloggers or on Twitter for the same. I think you would be surprised.

Everyone is different. We all make choices and have different priorities. Life has never been a one-size-fits-all.

You might be interested in our article How to Create a Pension for the Average Joe. And take a look at our Retirement Issues Page for more articles on this topic.

And just to mention, in our world travels, we have met many people living on their Social Security income. Countries such as Mexico, Guatemala, Thailand, Vietnam, Laos, Ecuador, and Panama offer a good quality of life for less money.

It just depends on what you might want to do.

The hardest thing isn’t living the FIRE lifestyle, I think it’s the decision to live the FIRE lifestyle. It will definitely separate you from your peers, and some people don’t like that.

Everything in life has a trade-off. You just have to ask yourself if you want to make that negotiation with yourself. Then commit to it.

Wishing you the best.

Feel free to write any time.

Akaisha and Billy

Posted in About us, All Things Financial, Q & A From our Readers | Tagged , , , , | Leave a comment