Official Social Security Site To Retire

Your health 

The best early retirement planning assumes you are doing everything you can to stay healthy. The cheapest insurance is exercising and eating right. 

This may shock you but eating right, at home with goods from the perimeter of the grocery store, is much cheaper than eating out or consuming fast food that is not good for you.

This is a win win folks…exercise is cheap to free and eating right is much cheaper than eating unhealthy food.

If you are not exercising and eating right, start doing so right now. It will increase your confidence about not needing to spend a lot on doctors when you retire.

Even then you need a catastrophic health insurance policy, just make sure you don’t overpay.

Your health and its costs should be given a high priority, without good health the best early retirement planning will be made unnecessarily difficult. You are smart… you are healthy.

Your age

Every one of us is a day closer to our obituary. Keep this in mind and realize that as you age you will be less and less able to do the things you enjoy.

No one retires and discovers he or she can run faster than they could 5 years ago. No one retires and finds he or she can hit the golf ball further at 60 vs 55…equipment improvements not withstanding.

So retire now while you are physically able to enjoy yourself.

I don’t understand why this is not discussed more often and openly when planning to retire. Getting older is a fact of life…why not take your remaining years into account. 

What good does it do you to work until 65, have lots of money, and not be able to enjoy the money because of your age. 

So if you are doing your early retirement planning and not taking into account the state of your health and your increasing age…do so and retire while you can enjoy your retirement to the fullest.