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How to retire early: A 5-step plan

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  • How to retire early: A 5-step plan

    What do you think of this MarketWatch article?

    http://www.marketwatch.com/story/how-to-retire-early-2016-07-19?mod=mw_share_twitter

     

  • #2
    A little simplistic but a lot of helpful basic information. Naturally, I strongly disagree with the portfolio suggestions along with the "Lazy Portfolios" with only 3 years of data. They left off step 6: write a book that people will buy, start a popular blog, and promote the heck out of them.
    Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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    • #3




      A little simplistic but a lot of helpful basic information. Naturally, I strongly disagree with the portfolio suggestions along with the “Lazy Portfolios” with only 3 years of data. They left off step 6: write a book that people will buy, start a popular blog, and promote the heck out of them.
      Click to expand...


      No truer words have been spoken in recent memory. I mean that sincerely.

      I like Dahle's plan better (#knowwatimsayin?)

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      • #4
        Hey now. The blog and book only knocked 5 years off my plan. I was en route to early financial independence without them.
        Helping those who wear the white coat get a fair shake on Wall Street since 2011

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        • #5


          No truer words have been spoken in recent memory. I mean that sincerely.
          Click to expand...


          I would have taken that as a compliment if you hadn't added that last sentence  
          Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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          • #6
            I would also add that Pete aka MMM and his wife quit their full time jobs at 30, and didn't start the blog until 5 years later.

            I have a low revenue blog and no book, and I can easily counter any eventual "You can only do this because of the blog" talk with the fact that I was financially independent before I started mine.

            I like the article. Most people don't find our websites on their own. It takes a mainstream media article to pique their interest. A select few will decide to delve further and begin their adventure down the rabbit hole... that was me about 18 to 20 months ago. I believe it was this Marketwatch article on MMM that introduced me to the whole FIRE concept, a moment I've since labeled Inception.

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            • #7
              It was tongue in cheek PoF. Joanna said it in jest and I bet Jim too

              I meant Jim's recent 10 year punch out of medicine article  :P

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              • #8
                PoF thanks for the Martketwatch link. I hadn't read that article before.

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