So, how do you retire earlier? Well that will come down to if you are
able to save additional money in an RRSP or just in a savings account.
If you can put away more money, enough for you to live on and retire
earlier until your pension kicks in, then your set.
Another way to retire early would be to take your pension earlier than
the suggestion age. The only problem with that is you usually wouldn’t
get the full amount if you retired early therefore you would be giving
up a percentage of your pension. But if you have a good pension, then
maybe it would be worth it for you to take it early.
Now there is another way to retire from your current position early, and
that would be to do some sort of work from home job that will give you
the freedom from the working world of bosses, customers and waking up
early. It would also give you flexibility and still give you an
income. To everyone else you would be retired, but you would be doing
something of interest that gives you an income. What this job would be
is for you to figure out but it is out there and if you are determined
to find it, it will present yourself.
“Keep your dreams alive. Understand to achieve anything requires faith
and belief in yourself, vision, hard work, determination, and
dedication. Remember all things are possible for those who believe."
difference between the impossible and the possible lies in a man's
accomplishment starts with the decision to try."
to get up every morning with determination if you're going to go to bed
determined soul will do more with a rusty monkey wrench than a loafer
will accomplish with all the tools in a machine shop."