Retire by 40: What’s wrong with this goal?

There have been a few news stories recently which have focussed on the topic of extreme early retirement, or people retiring or planning to retire by 40. Somewhat surprisingly to me, there have been no end of critics and negative comments on the stories. The question though, is why? [Read more...]

Are you wealthy?

If you read any of the financial press its easy to come away with the impression that wealth is the be all and end all. When will I be a millionaire? How much do I need to save to be a millionaire?. These are all very common questions, searches and topics on the internet. In my view however, you don’t necessarily need millions to be “wealthy”. [Read more...]

How to start your retirement planning early

When I tell friends and colleagues my age that I am already investing and planning for retirement, I occasionally get bewildered looks. The fact is, the earlier you start planning for retirement, the more likely it is that you will have a successful one. Apparently a majority of workers are headed to retirement age with $25k in savings. A retirement on that sort of money isn’t the way to head into a long, vibrant retirement life in my view.   [Read more...]

Building a Better Retirement with Dividend Income

Conventional financial planning suggests that you should sell down capital to fund your retirement. I don’t like this idea for a variety of reasons. More to the point though, with dividend investing, I don’t think you need to touch your capital at all in retirement. Certainly, my aim is to be able to achieve financial independence solely through dividend income.  [Read more...]

Retiring on Dividends: When is the right time?

I’ve never really thought too long or too seriously about when or if I could “retire” with passive dividend income before, however seeing a number of blogs start to discuss this issue has got me thinking about this a little more seriously.  [Read more...]