5 Essential Habits of Early Retirees

[pb4uski]

Interesting article seems to cover many of the themes we hear here.

5 Essential Habits of Early Retirees

[W2R]

Quote:

Originally Posted by pb4uski Interesting article seems to cover many of the themes we hear here. 5 Essential Habits of Early Retirees

The five habits listed are,

1) They save a lot
2) They understand their spending habits
3) They have an investment plan
4) They pursue happiness instead of more income
5) They are optimistic

Since these are supposed to be habits of early retirees, and not habits of those trying to eventually retire early, I would have expected something like,

1) They sleep awfully late in the mornings!
2) They piddle around doing whatever they want all day long
3) They don't feel the slightest bit guilty about 1) or 2)
4) They are a lot more active than those who keep working
5) They wonder why others don't retire, too!

[robnplunder]

Thanks, W2R for explicitly listing them. I am an would be RE and ....

Quote:

Originally Posted by W2R The five habits listed are, 1) They save a lot - checked! 2) They understand their spending habits - checked! 3) They have an investment plan - checked! 4) They pursue happiness instead of more income - checkd! 5) They are optimistic - Not so much. Doing OMY until then.

[pb4uski]

Thanks W2R, I should have listed them in the OP.

[Amethyst]

No. 3 is great.

Quote:

Originally Posted by W2R I would have expected something like, 1) They sleep awfully late in the mornings! 2) They piddle around doing whatever they want all day long 3) They don't feel the slightest bit guilty about 1) or 2) 4) They are a lot more active than those who keep working 5) They wonder why others don't retire, too!

[audreyh1]

Quote:

Originally Posted by W2R The five habits listed are, 1) They save a lot 2) They understand their spending habits 3) They have an investment plan 4) They pursue happiness instead of more income 5) They are optimistic Since these are supposed to be habits of early retirees, and not habits of those trying to eventually retire early, I would have expected something like, 1) They sleep awfully late in the mornings! 2) They piddle around doing whatever they want all day long 3) They don't feel the slightest bit guilty about 1) or 2) 4) They are a lot more active than those who keep working 5) They wonder why others don't retire, too!

Excellent!!!!