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Financial Samurai is a highly respected money blog written by "Sam" who worked his tail off (still does) and retired early. He's always been totally transparent about his assets, mistakes, etc in achieving his goal. I think he gives fairly good advice for young people.
I'm not yet retired but it's coming-----Next Year!
Those who are retired----active investors, pensioners, those just on SS Please share your thoughts about this latest post of Sam's.
This guy did. He retired early. Gets free food, free medical. Lives at the Rescue Mission Estates. Has plenty of friends. Gets in his daily cardio by collecting aluminum cans so as to afford cocktail hour. Nice weather in Southern California. No stress. No phones. No nagging wife. No bills. No worries. The Good Life.
I see one big problem with this article in the last paragraph where the author states:
"The math really doesn’t lie, no matter how our emotions make us feel. If you can survive off poverty wages until Social Security kicks in, you’re golden! At the end of the day, it’s up to each of you to figure out what works best for you and your family."
The problem is he is talking about retiring early and living in poverty "until SS kicks in". If you retire too early, there really won't be much SS to kick in. All those years of zero wages may present a problem. He may get a salary for doing this website, and thus pay his SS taxes, but he is recommending totally passive income from RE or other investments, and there are no SS taxes paid by those with that sort of passive income.
Yes, I know. But it is still annoying. And most that use it in public do not seem to be using it to find a job.
How kind of you. Yes, I think we should take the pone AND EVERYTHING from the homeless. That'll show 'em, won't it.
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