Hi there, I'm new to the forum
I'm almost 40 and, like most of you, am looking to retire "early" (at least early for me.) I decided to register here to get some new ideas but equally importantly, for some moral support.
A few years ago, it really dawned on me that I'm not getting younger and that I need to think more about some sort of exit strategy. (Having a stressful job also helped that realization)
During the downturn of '09, I got into real estate as an investment (and now as a retirement) strategy. Not being a stocks-and-bonds guy at all, it really felt good to find something financial that I understood well and would generate me some actual hard income not just so-called "growth".
In the past several years, I've been doing landlording / REI and it's been working out really well. Once I understood what a powerful investment vehicle it was, I've been plowing nearly all my savings into acquisitions.
But, now the new idea has soured a bit and it's turned into a crazy retirement race with myself. I'm accustomed to working my a** off, but I never knew that taking the early retirement route would be this grueling and grim.
From a rough estimate, if I stick with things for another 7 years or so, I may be in shape for some sort of retirement. But, that's a long time to suffer and, at the rate I'm going, I'm not sure I'll make it to the end without incurring some health problems.
For those of you that are still a ways from the end, what do you do to manage your stress and keep yourself upbeat?
Thanks for listening. Hopefully, I can meet some like-minded people here and we can all help each other.
- Jason
PS - If anyone has questions or is curious about real estate investing, let me know. I'd be happy to answer to the best of my knowledge.
I'm almost 40 and, like most of you, am looking to retire "early" (at least early for me.) I decided to register here to get some new ideas but equally importantly, for some moral support.
A few years ago, it really dawned on me that I'm not getting younger and that I need to think more about some sort of exit strategy. (Having a stressful job also helped that realization)
During the downturn of '09, I got into real estate as an investment (and now as a retirement) strategy. Not being a stocks-and-bonds guy at all, it really felt good to find something financial that I understood well and would generate me some actual hard income not just so-called "growth".
In the past several years, I've been doing landlording / REI and it's been working out really well. Once I understood what a powerful investment vehicle it was, I've been plowing nearly all my savings into acquisitions.
But, now the new idea has soured a bit and it's turned into a crazy retirement race with myself. I'm accustomed to working my a** off, but I never knew that taking the early retirement route would be this grueling and grim.
From a rough estimate, if I stick with things for another 7 years or so, I may be in shape for some sort of retirement. But, that's a long time to suffer and, at the rate I'm going, I'm not sure I'll make it to the end without incurring some health problems.
For those of you that are still a ways from the end, what do you do to manage your stress and keep yourself upbeat?
Thanks for listening. Hopefully, I can meet some like-minded people here and we can all help each other.
- Jason
PS - If anyone has questions or is curious about real estate investing, let me know. I'd be happy to answer to the best of my knowledge.