Join us as we discuss the 10 practical steps that we took prior to early retiring at the age of 51. We will take you through step-by-step the things that we did in the 12 months prior to leaving our jobs in the summer of 2022.
We are Richard and Jackie and we live in the UK. Our plans for early requirement include relocating to the Yorkshire Dales, developing our forever home and travel the UK, Europe and eventually the world in our VW campervan Nelson.
Timeline
00:00 Our 10 steps to early retirement at 51
00:50 Step 1- Keep it simple
01:23 Step 2- Establish a timeline
04:02 Step 3- Be financially efficient
04:14 Step 4- Minimise debts
05:49 Step 5- Maximise savings
07:20 Step 6- Pension advice and projections
08:59 Step 7- Calculate retirement expenses
10:16 Step 8- Calculate retirement income
11:41 Step 9- Telling people
13:30 Step 10- Letting go emotionally
15:37 What next?
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Many thanks,
Richard & Jackie
