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re: Anyone retire early early?
Posted on 5/13/24 at 2:12 am to Fat Bastard
Posted on 5/13/24 at 2:12 am to Fat Bastard
quote:
healthcare costs
Definitely a concern. I plan on retiring next year at 50. My wife is from the EU and so we're going to live in a few countries for a few years. We're travelholics. Her healthcare will be covered and private healthcare for me there isn't too bad at all. There's a decent chance we'll stay long enough for me to get dual citizenship and then I'll have coverage there as well.
DINKS but I really didn't start saving until about 12 years ago. Thankfully I got into a career where I could stack money quickly, saved a boatload, and bought properties in a place that does ok even in a downturn (HI).
I don't see traveling all over the world, living in new countries, immersing in their culture, and making new friends as boring. We'll play golf, learn new languages, and many other fun things. Of course, that's a lot easier for us without kids. I'll visit my family in the states but we'll also visit my wifes and be much closer. And of course, if I get bored I'll look into something small or do some consulting.
If OP has enough $ to last and a lot to keep him busy, why not retire should be the question.
Posted on 5/13/24 at 7:42 am to Sho Nuff
Healthcare is not really a concern if you plan well enough in advance. We can cry all day about how obamacare fricking up healthcare, but it's been a boon for early retirees.
Set yourself up correctly income wise and you can get a gold plan covering your whole family for a few hundred a month.
Set yourself up correctly income wise and you can get a gold plan covering your whole family for a few hundred a month.
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