Saturday, September 10, 2011
Good Inspirational Read!
Bob Cylatt authored this book that describes semi- retirement living, how to achieve it, and in doing so gives a kick in the pants to anyone (like me!) who considers living life to the fullest as encompassing more than making a living. The book describes several couples and individuals who decided they wanted to either cut down in work hours, or to retire completely- but at an earlier age. How to do so? The book points to a 4% draw on retirement "nest egg", so how big that egg will have to be will depend partly on the manner one wants/needs to live post-working f/t. Then there are the ways of reducing one's costs: living simply, living overseas. Since I'm already living simply and saving as much as possible, this book was encouraging b/c it's not easy to delay gratification, pass up on goodies, and whatnot. Still...the payoff if being able/free to work IF one wishes to, and picking up and living elsewhere if one wishes to, is great! :)
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