My initial reason for retiring early was not feeling appreciared and not getting the promotion I felt I deserved. After years of annual appraisals where my bosses would keep saying it was something we could work towards, I realised it was never going to happen. I then, having totally ignored my pensions throughout my career, I spoke to the pension companies to ask the usual question, “can I afford to retire?”. In the case of my DB pension, it was to ask if my pension still existed. It did. I then spoke to a financial planner who asked me why I am still working?. I could get the same income as I earn if I retired now. So, like you, I found the financial side said I could. So, with no prospect of promotion, I just retired. I was done with work. Your videos are excellent and make me think ❤
Loving your videos Kerry Ann. So many of your reasons for wanting to retire early are very similar to mine. After reading Bill Perkins book, Die With Zero, I knew retirement was the right thing to do. I have 10 weeks left of work and am so excited to start the next chapter of my life.
Kerry Ann👏 Great perspectives and ones you put so well - "I was complete...". I'm a bit older but felt the same, except I said "I was done!" 🤣Unfortunately, the finances took a very serious dip as a result of being retrenched during Covid. Looking forward to following your channel and hearing your advice and perspectives. 🙏
After 45 years as a nurse, I was ready to retire! My body hurt everyday from the physical lifting. The "Do more with less", attitude of for profit medical organizations made me afraid of losing my license. I was unable to give my patients the time I wanted due to increased paper work and general BS requirements from admin. I tried to stick it out until the end of the year when I would qualify for Medicare. I was unable to make it past September. Best decision I could have made! My body no longer hurts and I have piece of mind with my history of care. Now I am available to attend all of my granddaughter's events and spend time with my family. My nursing license expires in 2 weeks and I am going to let it go!
You are a great communicator. I just shared this with my wife. We are at the stage in our lives where we need to be intentional about how we will transition form working to “Not Working Right Now “.
I like your perspective that decision doesn’t need to be rushed, but it is important to pay attention to the “slow building awareness”. Thanks for sharing
Every time I get that voice inside saying "It's time for a change", I know to trust it. Looking back, it's worked out well in every situation including early retirement. I started a little project 4 years ago at age 60, and now I'm hearing that voice again telling me it's time to expand internationally! Doing so solves my desire to move abroad while continuing to supplement my retirement income in the US. Now I'm busy figuring out the logistics of how to do this and enjoying the challenge of a new phase in my life.
I feel lost now that I'm 39 years old and jobless. With $425,000 saved for an early retirement at age 50, $10,000 in an HSA, and a property that could yield an extra $200,000, what opportunities do I have for passive income?
I'm wondering if I should merge all of my investing accounts into one. How should I proceed and are there any repercussions I should be aware of if I decide to do this? In addition, I plan to sell my property, which could result in an additional 200K over time. Is it better to diversify over a few different industries or combine everything into one investing account?
These are crucial questions for a financial planner. I met mine at a NYSE summit, and with her help, my wife and I reallocated our $1.7M portfolio between a traditional IRA and a brokerage account. She’s been making investments with our approval and has helped us recover twice our losses. We’re holding steady and carefully navigating more markets
Vision loss was my reason for leaving the world of work. I am glad that you are open to feedback. Obviously you are a great speaker and leader, but the first couple of segments felt gimmicky. If I heard the word “complete” one more time I was going to scream.
![I'm 50 with $1 Million | Can I Retire Early? [Case Study]](http://i.ytimg.com/vi/4S2Hk_LgSKk/mqdefault.jpg)
My initial reason for retiring early was not feeling appreciared and not getting the promotion I felt I deserved. After years of annual appraisals where my bosses would keep saying it was something we could work towards, I realised it was never going to happen. I then, having totally ignored my pensions throughout my career, I spoke to the pension companies to ask the usual question, “can I afford to retire?”. In the case of my DB pension, it was to ask if my pension still existed. It did. I then spoke to a financial planner who asked me why I am still working?. I could get the same income as I earn if I retired now. So, like you, I found the financial side said I could. So, with no prospect of promotion, I just retired. I was done with work. Your videos are excellent and make me think ❤
The idea of living life on my own terms is so appealing!
It’s so motivating to see someone live life by their own rules. 🌍✈️
It’s inspiring to see someone prioritize their happiness over just a paycheck ❤️
Loving your videos Kerry Ann. So many of your reasons for wanting to retire early are very similar to mine. After reading Bill Perkins book, Die With Zero, I knew retirement was the right thing to do. I have 10 weeks left of work and am so excited to start the next chapter of my life.
So excited for you and can't wait to here how it goes! I haven't read _Die With Zero_ but would love to check it out. Thanks for the recommendation!
Time to rethink my financial goals.
I never thought about retiring early, but your reasons really resonated with me!
Kerry Ann👏 Great perspectives and ones you put so well - "I was complete...". I'm a bit older but felt the same, except I said "I was done!" 🤣Unfortunately, the finances took a very serious dip as a result of being retrenched during Covid. Looking forward to following your channel and hearing your advice and perspectives. 🙏
This video is so relatable! I’m currently stuck in a job I don’t love and maybe it’s time to consider my options!
After 45 years as a nurse, I was ready to retire! My body hurt everyday from the physical lifting. The "Do more with less", attitude of for profit medical organizations made me afraid of losing my license. I was unable to give my patients the time I wanted due to increased paper work and general BS requirements from admin. I tried to stick it out until the end of the year when I would qualify for Medicare. I was unable to make it past September. Best decision I could have made! My body no longer hurts and I have piece of mind with my history of care. Now I am available to attend all of my granddaughter's events and spend time with my family. My nursing license expires in 2 weeks and I am going to let it go!
It sounds like this was the right choice for you and I'm so glad you listened to your body. So much wisdom there!
You are a great communicator. I just shared this with my wife. We are at the stage in our lives where we need to be intentional about how we will transition form working to “Not Working Right Now “.
I like your perspective that decision doesn’t need to be rushed, but it is important to pay attention to the “slow building awareness”. Thanks for sharing
So charismatic and inspiring. Thank you.
Every time I get that voice inside saying "It's time for a change", I know to trust it. Looking back, it's worked out well in every situation including early retirement. I started a little project 4 years ago at age 60, and now I'm hearing that voice again telling me it's time to expand internationally! Doing so solves my desire to move abroad while continuing to supplement my retirement income in the US. Now I'm busy figuring out the logistics of how to do this and enjoying the challenge of a new phase in my life.
Our inner-wisdom is really incredible, isn't it?! So glad you are listening and this sounds quite exciting!
Your videos are such a wonderful resource to me and many others!
Thank you for sharing your story!
Can’t wait to hear more about your journey.
I’m definitely looking into these resources, any tips for starting?
Thanks for the book recommendations!
I feel lost now that I'm 39 years old and jobless. With $425,000 saved for an early retirement at age 50, $10,000 in an HSA, and a property that could yield an extra $200,000, what opportunities do I have for passive income?
it's reasonable to consider hiring a financial counselor at this stage, but delaying retiring for a while may be a more wiser choice
I'm wondering if I should merge all of my investing accounts into one. How should I proceed and are there any repercussions I should be aware of if I decide to do this? In addition, I plan to sell my property, which could result in an additional 200K over time. Is it better to diversify over a few different industries or combine everything into one investing account?
These are crucial questions for a financial planner. I met mine at a NYSE summit, and with her help, my wife and I reallocated our $1.7M portfolio between a traditional IRA and a brokerage account. She’s been making investments with our approval and has helped us recover twice our losses. We’re holding steady and carefully navigating more markets
That is really great! My portfolio is not doing well. Who is your professional?
June Renae Matthysse. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Wow, retiring early sounds amazing!
Love this perspective!
Thank you!
Exploring new skills
More time to pursue passions
I retired on SSDI at age 39
Financial freedom
Your Money or Your Life is book for me.
Live life on your own terms
Time for personal growth
Time for personal passions
Better health
Enjoy lifes simple pleasures
Avoid burnout
Reduce stress
Spend more time with family
Freedom to travel
Vision loss was my reason for leaving the world of work. I am glad that you are open to feedback. Obviously you are a great speaker and leader, but the first couple of segments felt gimmicky. If I heard the word “complete” one more time I was going to scream.
Still new to recording and hope to get better with time. :-)
Start a second career