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Saturday, January 22, 2011

I still want to retire early...no matter what others say

I'm totally wiped out today so I'll keep this short. I have a killer headache, I just hope I don't end up getting sick again. Anyway, I actually caught a little bit of the Suze Orman show earlier tonight and one thing she said really caught my attention. She said repeatedly that people should start focusing on retiring at 67 years old. This lady called in and wanted to get an opinion as to whether or not she could retire at 60 and I think Suze got a little offended. It turns out that Suze will be turning 60 this year so she doesn't really think that 60 is that old. Maybe that's one of the reasons why she was strongly urging people to not think of retiring till 67. Her rationale that she gave for this is that people can easily live for 25 years after 67....so there should be no rush to stop your income.

Although I think she's right about how much longer people will probably live (at least I hope I get to live that long), I am still very focused on retiring early. My current goal is 50 years old. This doesn't totally mean that I stop working cold turkey when I hit the half century mark but it should mean that I won't HAVE TO work if I don't want to. So, that's still my focus and I guess this means that I'll probably have about 42 years of enjoying retirement before I leave this world as opposed to the 25 Suze quoted. That sounds good to me! :)

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