Should you Delay Collecting your Social Security Benefits?
Recently, I have received a few emails on my recent post (read it here) that I advised, in considering whether to buy a commercial income annuity, one should first delay collecting their social security benefits until age 70. These emailers believe this is the wrong advice for collecting social security. One of their concerns is […]
Retirement Planning….Market Volatility What to Do?
Late last year the equity markets experienced much volatility causing a lot of angst among investors, especially retirement investors. It is during uneasy times like this that many people start to have feelings of panic and forget the basics of investing. So, I thought I would use this post to remind investors about a couple […]
Return to the Abacos
Earlier this month we arrived back in the Bahamas. We keep our sailboat, Satisfaction, on land at Green Turtle Cay, another cay in the Abacos about 20 miles away from Hope Town. It takes 2 to 3 exhausting days to get our boat set up for living after the summer hurricane season. Fortunately, the Abaco […]
Back from Europe
We just returned to the US from a 7 week trip to Spain and Portugal. It was a very good trip. We flew into Porto, Portugal where we spent two weeks, after which we took a train down and spent a week in Sintra, Portugal. Lastly, we flew from Lisbon to Bilbao, Spain where we […]
Affording An Early Retirement
After the recent publishing of my ebook, Charting An Early Retirement, I have received a few inquiries from readers spanning several aspects of our retired life. The questions all had a similar theme; the readers want to know some of the nuts and bolts of how we actually afford our retirement. I thought in this […]
Quick 2014 Summer Update
I just wanted to post a quick update on our situation. We dropped off “Odyssey,” our Beneteau 361, at the Fernandina Beach City Marina the third week of June. Our Annapolis Yacht broker, Tim Wilbricht of Annapolis Yacht Sales, and crew picked up Odyssey and sailed offshore around Cape Hatteras and then up the Chesapeake […]
What Does It Take to Retire Early?
This post will be more applicable to people less than 40 years old, but the discussion may be useful for anyone looking to retire anytime. I got a question about how we were able to retire in our mid-50s, ten years earlier than the average retirement age without any employer paid pension or health care […]
Answers to Some Early Retirement Questions, Part II
A couple other questions I received about early retirement were: How much does one need to save each year to retire early? How did my wife and I know we could live on what we had saved?
Retiring Early – Our Story
This post is about how my wife and I managed to retire about ten years earlier than the typical retirement age of 65. Some of the things we did will seem inconceivable to some readers, but the choices people make early in their working lives ultimately determine when they will be able to retire. Perhaps […]
Should I Retire Early?
I have not addressed the subject of early retirement in this blog as I feel it is important for people to first and foremost understand and implement the basics of retirement planning. But over the course of writing this blog I have had more than a few people subtlety enquire as to how it is […]
