09 May 2007

Early Retirement

A writer for Dow Jones shares her story about retiring early. From the article it appears that the writer had done the math before entering semi-retirement -- underscoring the fact that we can all be caught off guard. While this story has a happy ending, not all of them do.

In the '90's, early retirement was widespread. A number of factors including market conditions and lack of planning has forced many of unfortunate retirees back to work. Today, instead of early retirement, the trend is toward changing careers -- for example moving from the board room to the classroom. By continuing to work, even at a reduced salary, people can extend the life of their nest eggs while feeling good about what they're doing.

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