Already on ArticleSlash?

Forgot your password? Sign Up

How Early Can Your Early Retirement Be?

Don Seibert

Visitors: 176
 4 votes

Think about how you have been conditioned to regard the subject of “retirement". All of our lives, we have been taught to expect to save, save, save for some future thing called “retirement" without really having a solid understanding of what that means. (The truth is that “retirement" has an entirely different meaning from individual to individual. ) The story goes on that one day, when you are tired and worn out from years of hard work you will have saved enough that you can reach a point at which you will become inert and no longer produce an income.

Isn't it funny how everybody just sits back and takes as gospel what the government or society thinks about our personal lives? They have decided for us that “full retirement age" is 65 or 66 or 67 years of age. I, for one, don't buy into that story. I choose to live my own life on my terms. What about you?

For many of us, much of our value and self esteem comes from our ability to provide for ourselves and our family. When you take away that income-producing capability, we feel worthless to society. When I retired the first time and quickly found myself bored and feeling worthless, I became very depressed and my self esteem took a dive. Soon, I had to go back to work to get back on an even keel. When I ‘retired’ last year, I decided that I will never quit ‘working'! Instead, I quit 'having to work'! There's a big difference.

Now, I have a setup where I can work if I wish or play if I wish - at my own discretion! I decided a couple of years ago that I could quit my everyday job, establish some more passive income sources and do what I want whenever I want - for the rest of my life! If the government wants to give me a Social Security check at some point in the future, I certainly won't turn it down, but we can get along quite well without it, thank you.

Do you realize that you, too, can be in a position to do the same thing at any age and way before most people are conditioned to consider “retirement"? Well, it's true. All it takes is you devoting the time and effort to establish some streams of internet income to support whatever lifestyle you would like to live. It is not difficult to do. It will take some work to accomplish it, but it will require very little money for you to begin your quest. If you take the time to study and learn about these various income sources, you will soon be able to reconsider your whole future, too!

Think about it! Get ‘outside the box’ for a moment and let your wheels turn.

Have you given much thought to your dream retirement lifestyle? Why not sit down for an hour or two with your spouse and answer a few questions together? Grab a pad of paper and write down your answers to these questions:

If money were not an issue, what would we like to be doing every day?

If we had our choice of places to live, where would that be?

Where have you always wanted to go, but have not been there?

If you could do something of real lasting value for somebody, what would that be?

What have you dreamed that “retirement’ means to you?

There's a great new book out by a coach of mine named Yanik Silver on the subject of how to establish some passive income streams on the internet. It is simple and easy to read. It is not technical at all and gets right to the point. It's called “Moonlighting on the Internet" and it's available at your local bookstore or from . I trust that you will find it fun, concise, and motivational. It shows you five different methods to get started right now while you are still laboring in your career.

Think about it. “A journey of a thousand miles begins with the first step. "

Resources - Don Seibert is a retired business executive who, as an Expert Author, writes timely articles, books, and blogs on issues concerning early Retirement Having retired twice, Don is host of . Visit the site for a complete discussion of Retirement Income Options


Article Source:

Rate this Article: 
The Importance of Early Retirement Incentives
Rated 2.3 / 5
based on 4 votes

Related Articles:

Is There a Right Early Retirement Age?

by: Cindy Heller (July 16, 2008) 
(Home and Family/Retirement)

Early Retirement Planning

by: Linda Goldsborough (August 04, 2008) 
(Investing/Retirement Planning)

New Jersey Early Retirement

by: Katie Appleby (June 23, 2008) 
(Investing/Retirement Planning)

It's Not Possible to Plan to Early For Your Retirement

by: Michael Geoffrey (December 18, 2008) 
(Investing/Retirement Planning)

What To Consider When Looking At An Early Retirement Plan

by: Tom Turner (March 08, 2007) 
(Home and Family)

Which Are the Options For Early Retirement?

by: Cindy Heller (July 16, 2008) 
(Home and Family/Retirement)

The Early Bird Gets the Worm: Advantages of Early Travel Planning

by: Adam R. Singleton (September 23, 2009) 
(Travel and Leisure)

Time To Think About Early Retirement Planning

by: Crizza Reyes (February 16, 2008) 
(Home and Family/Retirement)

The Double Benefit of Early Retirement

by: Cindy Heller (July 15, 2008) 
(Home and Family/Retirement)

The Importance of Early Retirement Incentives

by: Cindy Heller (July 15, 2008) 
(Investing/Retirement Planning)