Australian (ASX) Stock Market Forum

Early retirement

As of yesterday i have moved into semi retirement, if you can call 9 months on and 3 months off, semi retirement...and it all came about as a bit of a surprise even though i have been working and planning for it for the last 2 years.

It was sort of forced on me and amazingly the timing and circumstances were something to behold.

That sounds like an excellent arrangement. Enjoy! :xyxthumbs
 
I was unceremoniously bundled out of my Railway career at age 47
I remember the Chief Train Controller saying, "47 is way young to be thrown on the scrap heap!"

I had every intention of getting back into full-time work.
It just never happened. (physical problems + employer preconceived notions)

Now a volunteer worker and happy as ... !!
 
I was reading the Market Watch website when I came across the following article. Although it is a story from a person in USA it can easily apply here, interesting reading.

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How to retire early ”” 35 years early
Blogger who retired at 30 says it’s time to rethink spending

http://www.marketwatch.com/story/how-to-retire-early-35-years-early-2014-01-17?link=MW_retirement_popular
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And then you can scroll through the tips by clicking the arrows from pages 1 to 7 on the following website.


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5 early retirement strategies from Mr. Money Mustache

How much you spend is more important than how much you earn. While income can come and go with booms and busts, you can control your spending much more easily. And when you gain this control, it provides a huge happiness boost, because you are no longer at the mercy of the world. As a convenient side effect, your spending rate is the single biggest factor determining when you’ll be wealthy enough to retire.
http://www.marketwatch.com/story/5-tips-to-help-you-retire-early-2014-01-17
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