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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?


To: CrabbyTurtle who wrote (2102)7/4/2022 1:00:15 AM
From: WillisL1 Recommendation

Recommended By
rnsmth

  Read Replies (1) | Respond to of 2146
 
Crabby

I first retired at 40.

2 things I didn't give enough thought to 1 - All my friends were still working, so I didn't have anyone to play with. The second thing I didn't give enough thought to was inflation.

So I started another business and retired again in 18 years.

Hope that helps, good luck.



To: CrabbyTurtle who wrote (2102)7/4/2022 3:55:03 PM
From: wilywilly1 Recommendation

Recommended By
red cardinal

  Respond to of 2146
 
Not 45, but 58 (a little earlier than planned, when the accountants said "fire all the consultants!"). Having been prepared, I chose not to look that hard for work. DGI investing has worked out very well for us, and my wife has been able to delay SS until age 70, which will give a nice added boost this month.

If I were still depending on finding the winners in the market, or day/swing trading for income I could be doing better, but sleep well at night with the monthly income pretty much guaranteed. I should note that I sell covered calls for extra income as well, probably close to dividend income, and it keeps me busy & engaged in the market.