Retiring Early With Confidence

Updated : Oct 18, 2019 in Articles

Retiring Early With Confidence


I had a bad dream one night about retiring,
and the rest of my life, we sat with the lights off because it cost money and we just listened to the stock market. It was the silliest dream. So, yeah, we don’t have to do that. In the spring of 2014, Gary retired. I knew I would retire at 70. I mean, that’s
about as long as I thought I could go. She would go to work, and
she was just getting worn out. I could see that it was taking a toll on her. I just wasn’t having fun, there were so many
difficult issues coming up. So I remember getting out a spreadsheet
and figuring out budget, and if I could retire maybe in a year, possibly two years. The one retirement specialist that we had
originally didn’t say a whole lot. It was very frustrating to her because, I
mean, it wasn’t occurring. So, Jeremiah looked at it, and he said, “Mom,
you ought to talk to my friend, Josh.” During one of our first conversations, she
talked about her eight G’s. What she was looking forward to in retirement
was spending time on these things. I came up with God, Gary, the grown kids, going places, gardening, good books,
good deeds, the grandkids. You know, it’s kind of hard to get past
the triplets, for now. And we want to be there to help. That’s kind of the volunteer work for this
year, for me, at least. Josh was immediately communicating with us. He assessed our entire portfolio. He also talked about what do you have for
long-term care, in case your health fails, and put together a spreadsheet of what my Social
Security would be if I started it early at 62 and all the way up. He put us on a whole different track with
that. Advisors that she had met with in the past
weren’t really doing full planning. With maybe a tweak here and a little addition
there, put them in a position to do exactly what they want to do. That kind of information was invaluable. He finally said, “Peggy, the only thing
keeping you from retiring is giving notice.” I just wanted her to be happy, and just to
feel the freedom of being able to relax. That was a real defined moment
for her and for me. I felt like this weight had been lifted. I’m almost a year and a half into it and
it’s like, yeah, I’m loving this.

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