First published at 14:31 UTC on August 29th, 2023.
How to retire at 50 With a Normal Job (Retire Early Tips)
I’m going to show you how to retire at 50 with these tips.
Nobody is saying this on Youtube, and you will certainly never hear this at work.
Don’t Be Loyal:
Being blindly loyal to your employ…
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How to retire at 50 With a Normal Job (Retire Early Tips)
I’m going to show you how to retire at 50 with these tips.
Nobody is saying this on Youtube, and you will certainly never hear this at work.
Don’t Be Loyal:
Being blindly loyal to your employer will make you poor and delay your retirement by years, even decades.
2.5% Salary Increases
Forget about those 2.5 percent cost of living salary increases which don’t even keep up with inflation.
Maximise Learning:
If you want to know how to retire at 50 with a normal job, this is one of the most important. To make decent money, work hard, and learn as much as possible in your current job.
Switch Companies:
Increase your “knowledge capital”, and then switch companies every 3 to 5 years, getting 15 to 25 percent raises each time. Invest your extra earnings to grow your retirement pot exponentially. This is achieved by investing a diverse portfolio of fund investments, with index funds forming the foundation of the portfolio.
CASH FLOW
It is possible to retire at 50, with a normal job, earning a normal, modest salary, if you know what you're doing.
Remember, building cash flow income that is enough to replace your earned salary, is the key to retiring early. Once you’ve achieved this milestone, you will technically be able to retire, as you’ll be able to cover your monthly expenses.
Checkout my full length video for more information, please like & subscribe and I’ll see you in the next video.
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility.
It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I am affiliated with a number of the offerings on this channel. This includes the links above and also includes the use of Amazon affiliate links. All op..
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