- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone retire early early?
Posted on 5/16/24 at 4:06 pm to beaverfever
Posted on 5/16/24 at 4:06 pm to beaverfever
People have different reasons for retiring early. I had a significant health scare when I was 47 and retired a month before turning 48. One of my parents had a long history of very early onset Alzheimer's on their side of the family, displaying significant mental decline and then dying in their late 40's to mid-to-late 50's. I earned two degrees and worked mostly in finance and large scale commercial lending while making a very good income and my wife made a good income working in healthcare. You could not pay her enough to return to healthcare. I had always been interested in investing and most years after we really got started we were investing over 50% of our incomes which is not that hard if you don't have kids and aren't big spenders.
I have had 3 cousins die from ALZ in their early to late 50's, fortunately none of my siblings yet. One of them was a doctor that retired at 58 and died from a heart attack 2 days after selling his ownership in a medical practice. His wife had his brain examined and it was riddled with ALZ. So yeah, I don't worry about getting bored, etc and have many things/activities keeping me busy.
The ACA is not that difficult to navigate as long as you have planned and have stacked enough financial assets properly over time. Need to have a good mix of taxable, Roth, TIRA/401k, HSA and other while targeting your current taxable income to be low enough to obtain max subsidies. I would not hold a lot of high dividend paying stocks nor high interest fixed income in taxable if you are planning on utilizing ACA. We paid less than $5/month for a good gold plan in 2023, and MLPs have been advantageous in that regard...unless they get acquired which is another can of worms.
I have had 3 cousins die from ALZ in their early to late 50's, fortunately none of my siblings yet. One of them was a doctor that retired at 58 and died from a heart attack 2 days after selling his ownership in a medical practice. His wife had his brain examined and it was riddled with ALZ. So yeah, I don't worry about getting bored, etc and have many things/activities keeping me busy.
The ACA is not that difficult to navigate as long as you have planned and have stacked enough financial assets properly over time. Need to have a good mix of taxable, Roth, TIRA/401k, HSA and other while targeting your current taxable income to be low enough to obtain max subsidies. I would not hold a lot of high dividend paying stocks nor high interest fixed income in taxable if you are planning on utilizing ACA. We paid less than $5/month for a good gold plan in 2023, and MLPs have been advantageous in that regard...unless they get acquired which is another can of worms.
Popular
Back to top
Follow TigerDroppings for LSU Football News