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Advice on early retirement "45"

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  • #16
    Good questions to ask. You have to force yourself to do nothing for 2 months :-) Then look around. I exited corporate at 30. Do it.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.

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    • #17
      Things change
      Loss of tenants
      Increase in interest rate
      Can change your investment income

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      • #18
        Originally posted by Nick G View Post
        You have to force yourself to do nothing for 2 months.
        Perhaps 'nothing' does not mean nothing?

        More a matter of choosing to do what you do?

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        • #19
          Originally posted by Perry View Post
          Perhaps 'nothing' does not mean nothing?

          More a matter of choosing to do what you do?
          Actually, from the early retirees I've spoken to, and read from online, it really does mean 'nothing', or close to it. Or at least nothing structured. If you immediately jump into structured activity of a non-work nature, you're not giving yourself the time to decompress from a school-study-work schedule in your life - you won't end up doing what you really want to, even if you think you are!

          2-6 months of catching up on TV, reading a few of the books and playing a few of the console games that have been gathering dust for years, keeping up an ad-hoc exercise regime, cooking your own healthy meals, and 'just doing whatever' with the rest of the time.

          I haven't had the chance, because I've been looking after my young son. But one day I'll get there!
          AAT Accounting Services - Property Specialist - [email protected]
          Fixed price fees and quick knowledgeable service for property investors & traders!

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          • #20
            I spent most of my first six months of the first retirement on women and booze. The rest of the time I just wasted.

            www.3888444.co.nz
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            • #21
              Care to sign and date that statement?

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              • #22
                Never retire. Move onto something new and more interesting.
                The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

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                • #23
                  Originally posted by PC View Post
                  Never retire. Move onto something new and more interesting.
                  Second that.
                  Squadly dinky do!

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                  • #24
                    also 2nd that!

                    Originally posted by Perry View Post
                    Perhaps 'nothing' does not mean nothing?

                    More a matter of choosing to do what you do?
                    could doing nothing be, doing something when you want to and then doing nothing in particular the rest of the time? kind of abstract but makes sense in my head.

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                    • #25
                      As I see it, it's a matter of force.

                      A 'retired' PI is not forced to go to / do work for others;
                      but a retired PI is 'forced' to monitor the performance of their PM.
                      And ipso facto -their investment.
                      And mow the lawns; (Or keep a check on the lawn mowing contractor)
                      pay the bills; (Or keep a check on the accountant)
                      weed the garden. (Or keep a check on the gardener)

                      It's all a matter of when, how and compulsion.

                      In a word" "choices."
                      Last edited by Perry; 20-03-2020, 04:39 PM.

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