Re: Early Retirement
I also retired early and to begin I was a little lost.
For about 6 months I was not sure I did the right thing.
I had family and friends trying to give me jobs and my old employer tried to get me to do consulting and construction inspection. I turned down the old employer and indicated if I wanted to work long hours I would not have retired.
My best advice is to do what you want to do when you want to do it.
Before retirement pay off all your debts. No payments on anything.
My financial advisor suggested I take Social Security as soon as possible and use that before you tap the 401K as best you can.
I did some car repairs for some of the family at the beginning of retirement and enjoyed that and it did keep me busy for a while. I think that being busy is the key at the beginning of retirement.
About a year into retirement we purchased a Diesel Pusher motor home and we started traveling and NHRA racing. We would go racing and see the country in between races and be gone for a month or two at a time.
That was the best part of retirement and we now have good friends all across the country and into Canada.
In closing you are in charge upon your retirement and only you can make it great.
Early Retirement was the best decision I made and I hope yours is the best decision for you also.
Just My Experience
Rick Cates
Canyon TX
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