The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early Canadian board

URL:  http://boards.fool.com/jbrains-fire-financial-independenceretire-15973438.aspx

Subject:  Re: My Plan Date:  10/23/2001  7:13 AM
Author:  mukluk Number:  20 of 35

jbrains:
FI/RE (financial independence/retire early) sounds pretty brainy to me.

A few thoughts off the top of my head:

1) $15,000 isn't very much money -- you might want to reevaluate. If you're living on $30K now, would you be able to cut your expenses in half if you couldn't find work?

2) What is your plan for going from 3.5% to 7.5% in your RRSP/other investments? You'd better bump up that return, because right now you're barely keeping up with inflation.

3) What about marriage, kids, home ownership? Early retirement plans notwithstanding, life happens.

Looking forward to seeing more details,
Mo.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us