What is Early Retirement?

The ultimate retirement location?

Everyone knows what retirement is.  It’s that wonderful time after you turn 65 or 66 and you quit your job to sip margaritas on the beach in Mexico.  Right?

Well, not necessarily.  What if I told you that retirement can start at any age, even at the ripe old age of 35?

To retire is defined as “to leave one’s job and cease to work, typically upon reaching the normal age for leaving employment”.  But what is the ‘normal age’?  And who gets to define what that ‘normal’ is?

Historically, people relied on their pension from work and social security to fund their entire retirement.  In fact, there are still many people who do that today.  But with a little bit of smart investing and a big helping of frugal living, anyone can make the step toward a sooner retirement and not need to rely on a pension or a volatile social security system.

If you ask anyone on their deathbed where they would have liked to spend more time, most will say they would have liked more time with family and friends.  I don’t personally know anyone who, even now, wishes that they could spend more time at work.  Why do we choose to work until we are 65 when, for most of us, there is another option?

Knowing now where I want to spend most of my time, I am putting my foot down against the normal retirement age.  I don’t want to work until I am 65.  I don’t even want to work until I am 45.  In fact, my goal is to not work past 35 years old.  My husband and I plan to pursue what is known as an early retirement.

Early retirement is retiring earlier than the ‘normal’ age of 65 (I know, I’m so profound).  Sounds simple, right?  It actually isn’t as impossible as you might think. By living frugally, not spending money on unnecessary goods and services, and investing well, you can live a very fulfilled life and still retire before you ‘put in your time’ at work.

But I have children.  Can early retirement be for me?


On this blog, we will cover all of those topics, plus some.  You can take the journey with us and even try to beat us to that coveted retirement lifestyle.  We will be sure to share both the good and bad of our pursuit of ultimate freedom.

At what age do you want to retire?  Are you willing to become frugal so you can achieve that dream?


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