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Retire Early Online Course Coming Soon

Retire Early Online Course Coming Soon

From the start, when I conceived of writing the book, my goal has been to make the retirement planning process simple for others. So much so that folks could even learn how to strategically retire EARLIER. From that came the DIAL into Retirement System™....

GoodRx: Discount Prescription Service

GoodRx: Discount Prescription Service

Hands down the number one question I get about how to retire early is regarding managing the costs of health care and prescriptions. GoodRx is a discount prescription service that could save you hundreds of dollars on your next refill. The service uses...

The Two Stages of Investing for Retirement

The Two Stages of Investing for Retirement

There are two stages of investing when setting yourself up to retire at any age. The first is called the accumulation stage. This begins the first time you invest $1 in the stock market. You might be 22 years old and starting your first job which offers...

My Way

My Way

I’ve always connected with music and my all-time favorite song is “My Way” by Frank Sinatra. The song is about someone reflecting at the end of their life and how they lived on their own terms. There were a few regrets “but then again, too few to mention.”...

Why Are Multiple Income Streams So Important When Retiring Early?

Why Are Multiple Income Streams So Important When Retiring Early?

Your income in retirement will fall into two categories:  Fixed and Variable. Fixed income is a predictable income stream. Bonds typically are the first investments to come to mind when you start discussing fixed income options. Pensions, annuities and...

Turning a Hobby into Income

Turning a Hobby into Income

When retiring early, you’ll want to have as many income sources as you can. One way to get more is to turn your hobby into an income producer. Today I’m going to take a hobby for a lot of folks, woodworking, and show you some different ways you can make...

Book Launch Party

Book Launch Party

We had a ball last night at the Book Launch Party in Asheville, NCI'd like to thank all of those who supported this project, and I'd even like to include the naysayers, because you gave me an extra kind of fuel to get this done. And now it's lead to other...

How to DIAL into Early Retirement – Part five of five

How to DIAL into Early Retirement – Part five of five

In the previous four blogs, we’ve discussed the components that make up the DIAL.  DIAL is my simple system for helping people understand how to retire earlier in life. DIAL stands for Debt, Income, Assets and Lifestyle and when you get these four...

How to DIAL into Early Retirement – Part four of five

How to DIAL into Early Retirement – Part four of five

LIFESTYLE In this series we are working our way around the DIAL. First we talked about debt, then about income, and last week, assets. Now we are onto the fourth component of the DIAL. Lifestyle. We measure debt by adding up the balances of what you owe....

How to DIAL into Early Retirement – Part three of five

How to DIAL into Early Retirement – Part three of five

It's a big myth that you have to have $1 million dollars in order to retire. Now that might be true if you are living in a gated community, member of the local country club and drive a new BMW or Audi every two years during retirement. However, most people...

How to DIAL into Early Retirement – Part two of five

How to DIAL into Early Retirement – Part two of five

As a retired 24-year financial advisor, I’ve seen my fair share of complicated answers. There were answers that never really answered the question and there were answers that were so complicated that it left your head spinning and you almost wished you'd...

How to DIAL into Early Retirement – Part one of five

How to DIAL into Early Retirement – Part one of five

If you asked me two years ago “How do I retire early?” it would have taken a long back and forth discussion. I would ask questions then punch the numbers. Then ask more questions, and keep punching the numbers. (Keep in mind, at that time, I was a...

The Book is Now Available for Pre-Order (along with 2 Bonuses)

The Book is Now Available for Pre-Order (along with 2 Bonuses)

Exciting news - the book will be released September 6! Not only is the book now available for pre-order but I have arranged Two Bonuses for a Limited Time 1. Price reduction to $15.99 (down normally from $17.99) 2. Access to the Private Closed Retire Early...

What do you want to be when you grow up?

What do you want to be when you grow up?

At five years old, we’re innocent and protected with unencumbered minds.  Eventually we grow up and take off into the world on our own and our childhood way of thinking begins to fade. We’re older and wiser now, but we shouldn’t forget what we wanted when...

Mentally Trapped

Mentally Trapped

From the day we are born, our thought patterns are shaped by the people around us.  In the early years it’s our parents.  As we grow it is life experiences and the people we meet.  No matter who or what has influenced us, society and its standards have...

A Day in the Life of a Retired 49 Year Old

A Day in the Life of a Retired 49 Year Old

Last year, I sold my financial advising firm and walked away from a 24 year career at age 48.  I was actually “done” about a year earlier but I needed time to get my affairs in order.  As a retirement planning expert, I knew what to expect and what I...

Divorce and Retiring Early

Divorce and Retiring Early

Divorce and Retiring Early. Two words that generally do not go well with each other. When a marriage dissolves, nobody comes out of it unscathed regardless of how the marriage ended. When children are involved it makes divorce even tougher to navigate. In...

Retiring Early to a Foreign Country

Retiring Early to a Foreign Country

Leaving the comforts of the home and the city you have lived in for many years to move to a foreign country can be both scary and liberating at the same time.  Why would a person move to a foreign country when they seem to have everything they need here in...

Another Way to Withdraw from Your Retirement Accounts Early

Another Way to Withdraw from Your Retirement Accounts Early

I feel as though every time I write one of these articles I need to put my standard disclosure. “I’m not a fan of withdrawing from your retirement accounts prior to 59 ½, but if you must, I want to show you the right way to do it.” With that out of the...

What If You Only Had 5 Minutes

What If You Only Had 5 Minutes

Your house is on fire.  Your family and pets are safe and now you have exactly five minutes to run into your home and grab everything that is important to you.  What are you going to grab? Since we were children, we’ve been sold on the idea that we need...

How to Retire on 10K

How to Retire on 10K

This is the fourth in a series of four blog posts on how I would structure my life if I had X number of dollars.  For me retirement is all about enjoying traveling.  So, I won't leave that out of my plans, even with limited funds.  I will walk you through...

How to Retire on 25K

How to Retire on 25K

This is the third in a series of four blog posts on how I would structure my life if I had X number of dollars. For me retirement is all about enjoying traveling. So, I won't leave that out of my plans, even with limited funds. I will walk you through my...

How to Retire on 50K

How to Retire on 50K

This is the second in a series of four blog posts on how I would structure my life if I had X number of dollars. For me retirement is all about enjoying traveling. So, I won't leave that out of my plans, even with limited funds. I will walk you through my...

How to Retire on 100K

How to Retire on 100K

This is the first in a series of four blog posts on how I would structure my life if I had X number of dollars. For me retirement is all about enjoying traveling. So, I won't leave that out of my plans, even with limited funds. I will walk you through my...

A Bucket of Crabs

A Bucket of Crabs

Over my 24-year financial advising career, I met with over 8000 individuals and couples which gave me a glimpse into human behavior.  I never took a poll, but I guesstimate that 70% of the people I came in contact with were optimistic and happy people.  ...

Why I Walked Away from a Successful Financial Advising Career

Why I Walked Away from a Successful Financial Advising Career

Coming out of college I had my sights set on either becoming a financial advisor or going into the FBI.  I knew I needed a career that would challenge me and be different every day. Growing up, the family business was a mortuary and If there was one thing...

The 4% Withdrawal Rule

The 4% Withdrawal Rule

For many years, the rule of thumb on how much income you could withdraw out of your portfolio and still maintain or grow your money has been 4%.  This started many years ago when financial advisor, William Bengen, came up with what is now known as the 4%...

Trading Freedom for Money

Trading Freedom for Money

It’s true that if you work until you are 65 years old and beyond, you’re more likely to have a lot more financial stability than if you retire at age 50.  However, you won’t have much freedom left.  Typically, people start slowing down at age 75 so if you...

Are you a Spender or a Saver?

Are you a Spender or a Saver?

You’re either one or the other. Throughout my 24 years as a financial advisor, I met with over 8000 couples and individuals. Although I never conducted a scientific survey, I did see a pattern. Roughly 60% of the couples were balanced with one spouse being...

My Motivating Picture

My Motivating Picture

Yes, that is me in the middle of those two beautiful girls. I don’t remember when or where it was taken although it appears to be at a wedding. I’m guessing that I’m around ten years old which would make the other two girls the same age because they were...

Health Insurance and Retiring Early

Health Insurance and Retiring Early

The cost of health insurance is one of the biggest reasons why people choose to continue to work even when they are ready to retire early. Premiums have skyrocketed over the last few years and options for coverage have started to dwindle with many...

Tulum Mexico Scouting Trip RECAP

Tulum Mexico Scouting Trip RECAP

What a wonderful trip. Tulum is a beautiful town and the people there are absolutely wonderful. We visited Mayan Ruins, cenotes, the beach, explored the town and just relaxed with mojitos. The trip started off with a bang as I got pulled aside by a customs...

Scouting Trip #1 – Tulum Mexico

Scouting Trip #1 – Tulum Mexico

Five years. It’s been five years since I last took a week vacation. That disgusts me when I think about it. The days, weeks and months have flown by and it was just recently that I sat back and thought about the last time I actually took a full week of...

How I Define Retiring Early

How I Define Retiring Early

Webster’s defines retirement as “withdrawal from one’s position or occupation or from active working life.” This is how all of us have defined what retirement is and how we look at it. My definition is a bit different. I define retirement as “Withdrawal...

Buying our RV

Buying our RV

Almost two years ago, I set out to find the “perfect” RV and boy did my head start spinning very quickly. Part of the problem was I was a total newbie when it came to RV’s. The other problem is that my long-time girlfriend Deb and I couldn’t agree on what...

Accessing Your Retirement Funds Prior to 59.5: BONUS BLOG

Accessing Your Retirement Funds Prior to 59.5: BONUS BLOG

BONUS BLOG: Roth Conversion Trick A Roth IRA is a retirement account that allows you to contribute after tax money, grows tax-deferred, and at age 59 1/2, allows you to withdraw the money tax-free. (As long as the money has been in the Roth for at least 5...

Accessing Your Retirement Funds Prior to 59.5: Part Four of Four

Accessing Your Retirement Funds Prior to 59.5: Part Four of Four

Part Four of Four: In-service distributions: Accessing money from your 401k prior to leaving your job. If you work for a medium to large company, chances are you have access to a 401k plan. A 401k can be a great way to save for retirement if your company...

Accessing Your Retirement Funds Prior to 59.5: Part Three of Four

Accessing Your Retirement Funds Prior to 59.5: Part Three of Four

Part Three of Four: Accessing your Roth IRA prior to age 59 ½ If you plan on accessing your retirement accounts prior to age 59 ½, hands down, the Roth IRA is your best bet. A Roth IRA allows you to contribute $5,500 a year if you are under the age of 50....

Accessing Your Retirement Funds Prior to 59.5: Part Two of Four

Accessing Your Retirement Funds Prior to 59.5: Part Two of Four

Part Two of Four: What’s the best way to avoid the 10% IRS penalty? Over the years, you’ve been told that if you take money out of your traditional IRA before age 59 1/2, that you’ll be penalized with a 10% early withdrawal penalty. For the most part, that...