Happy Independence Day to all my US readers!! Hope you are enjoying the day off! Photo credit To quote Forbes.com, Here’s a holiday suggestion that only a personal finance blogger would make: While you’re celebrating Independence Day, take some time to nail down the day you want to become financially independent. Super geeky, right?… Read more
Viewing posts tagged with: retirement
Early retirement in the US vs abroad
Every time I go to Antigua Guatemala, a lovely colonial town in the South of the country, I am amazed by the number of retirees who decided to come spend their golden years in Guatemala. I saw a question on Mr Money Mustache about where the best place would be to retire early, so let’s… Read more
Retirement Planning: the Greatest Challenge is Getting Started
We all procrastinate—some of us more than others. I understand that at twenty-something, even at thirty-something, saving for retirement is viewed as something so distant, a sense of urgency is difficult to muster … big mistake! Here’s Why Can you save 50% of your income? Of course not! But, that is basically what you would… Read more
Setting Yourself Up for a Comfortable Retirement: 5 Different Types of Pension Plans and Their Benefits
It’s never too early to start thinking about your retirement. Stop daydreaming about what you’re going to do when you’re through with work, and begin thinking critically about how you’re going to afford it. Currently, three quarters of us expect that our children will be able to pitch in when we’re older, but a good… Read more
Do You Know How Much you Should be Saving For Retirement?
How much money do you have in savings, right now? Ask this question in any social group; Boomers, Gen Xers, Millennials or a mix of all. If they give you a thoughtful, honest answer, you will probably hear: “Not enough.” And we didn’t even mention the ‘r’ word…retirement. Saving money, in general, can be an… Read more
Retirement Statistics That Might Change How You View Retirement
A generation or two ago, most retirees relied on a pension and some Social Security to survive a decade or two without work. A lagging economy, rising costs of living, and the virtual end of pensions means that many retirees are struggling to make ends meet. Don’t become one of them. The following retirement statistics… Read more
Planning for retirement? Just. Get. Started.
Lately, I’ve been a master procrastinator. Life has been hectic for sure, but I have had a lot of time to get things done… and ended up postponing them. Then I look back to the past few months, and I feel bad because I have done nothing. Mostly, that has been true in the areas… Read more
Five Mistakes You Should Avoid When Saving For Retirement
A retirement annuity or investment plan should cater for the life you want in the future. You need to be certain that you are saving enough and investing wisely to increase your chances of being financially independent during retirement. Currently in South Africa, only 6% of the population is able to retire, while 45% depend… Read more
HOW TO WORK FOR 10 YEARS AND RETIRE LIKE A BOSS
Today’s post comes from Alex. He blogs over at Mutilate The Mortgage and is giving away a few free gifts just for Reach Financial Independence readers. Head over to www.MutilateTheMortgage.com to find out how to pay off your mortgage in under 10 years! Let me know if you would like to guest post on RFI. So last year DW and I… Read more
How you can retire earlier
Retiring early is the ultimate dream for many. Yet most believe it’s impossible. In fact, some people resign themselves to working into their 70s. But is this really the way things must go down? No way! But if you do want to retire before the typical retirement age of 62, you have to be disciplined… Read more
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