For many people, the thought of being able to retire at the age of 55 is very appealing. By this time, you have done most of the work of raising your family and gotten most of the successes you wanted to from your career, best of all, you’re still active and healthy enough to be able to enjoy most of your favorite leisure activities for years- possibly even decades. However, the truth is, taking retirement at the age of 55 is considered an early retirement. You’re still about seven years before you will even be able to collect partial retirement benefits. Retiring while you’re young- and … [Read more...]
How to Become Financially Independent for the Rest of Your Life
Everyone dreams of doing what they want, when they want, and where they want, right? But, while becoming financially independent is a goal of many, it seems almost impossible. While there’s not really a set definition for what constitutes financial independence, it is when you have reached the point that you have enough money saved up that you can live off of it for the rest of your life. Reaching financial independence is possible. It’s simply a matter of setting your priorities straight. It’s definitely not an easy task, and it will take you some time, but it can be done. The … [Read more...]