4 Steps To Determine When You Can Retire Early

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

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Ready to redefine your golden years and gain the freedom to live on your own terms? Join me, Ari Taublieb, a certified financial planner and your guide through the intricacies of early retirement. This episode of the Early Retirement Podcast is a treasure trove of insights, providing a checklist for assessing your readiness to retire early. It's not just about having enough money; it's about envisioning your life's next chapter. We'll discuss the allure of balancing work and leisure, and whether a four-day workweek might be a more fitting transition for you. Plus, I respond to a listener's request for stories from those who've already taken the plunge, offering a candid look at both triumphs and challenges.
Gone are the days of blindly following the 4% rule—your retirement plan should be as unique as you are. I dissect the myths and provide a tailored strategy for determining the best time to retire. You'll learn about the withdrawal test, a critical tool for evaluating financial resilience. Transparency is key, and you'll hear how some may benefit from extending their careers to ensure a comfortable retirement. I'm not afraid to share the tough advice when it's warranted, and this episode doesn't shy away from the hard truths about achieving your dream retirement.
Beyond the numbers lies the heart of retirement—finding joy and purpose in your newfound freedom. I introduce the 'post-career purpose finder,' a concept essential for a fulfilling retirement journey. Listen in as I shine a light on common pitfalls and highlight the necessity of a holistic financial plan that encompasses more than just savings. Future episodes promise to delve deeper into topics like long-term care and life expectancy, ensuring you're equipped with the knowledge to make informed decisions. And as always, your questions fuel this podcast, so keep them coming and connect with a community committed to navigating the path to financial independence together.

Create Your Custom Early Retirement Strategy Here
Get access to the same software I use for my clients and join the Early Retirement Academy here

Ari Taublieb, CFP ®, MBA is the Vice President of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with confidence.

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1. Considerations for Early Retirement (00:00:00)

2. Retiring Early (00:03:05)

3. Optimizing Retirement Spending and Expenses (00:07:21)

4. Retirement Planning (00:17:25)

5. Retirement Podcast Submission Information (00:21:51)