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Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.
This offering of Grand Rounds looks at articles from around the web that deal with creating the ideal retirement life.
Most of us daydream at work about how amazing being retired will be (especially if you are having a particularly grueling work day).
However there are retirement issues that may take the shine off your golden years.
You may feel a loss of purpose and become depressed.
Your appetite for traveling may be sated after a few years and then what?
Fortunately ESI gives you a handy guide to help you live your best retirement life by planning now in, “How to Prepare in Advance for a Great Retirement.”
Often FIRE aficionados try to justify retiring as early as possible so that they are young and healthy enough to enjoy the spoils of their hard work.
But is the grass really greener (or beach sandier) when you retire early?
On CNBC a multimillionaire who retired at 34 shares that it is not what it is cracked up to be in, “I retired at 34 with $3 million- Here are 5 downsides of early retirement that nobody tells you.”
You may be familiar with the “Sequence of Return Risk” that early retirees face.
Those quickly approaching retirement may be worried what effects COVID-19 may have on their nest egg and whether the pandemic will force them to delay entry into the golden years.
Fear not, FI Physician addresses this very topic in, “Retiring During a COVID-19 Pandemic!”
Along similar lines, Retire by 40 shares his take on issues a retiree faces in a recession in, “Should You Retire Early During A Recession?”
We all know the benefits of Geoarbitrage while working, which allows you to save more by working in a low cost of living area.
Well the benefits do not stop the moment you retire.
You can improve your retirement lifestyle tremendously if you think not only outside of the box but outside of the country as well.
Well Physician On Fire gives you a taste how far your dollar can go in, “How to Stretch Your Dollar While Retiring Abroad-Interesting Facts for US Expats.”
Hope you enjoyed the reading material.
Have a great rest of the week.
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