Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

Thinking of Retiring Early? These Real-Life Tips Can Help You Do Just That

November 23, 2020 · Retirement Life
A woman painting in a bright, plant-filled art studio, pursuing her hobby.
A woman explores her passion for painting in a bright studio filled with plants and arched windows.

Don’t forget that savings are crucial

Investments can help you grow your portfolio and secure a comfortable retirement but as an early retiree, you don’t really have the same time to see your money multiply like people retiring at their full retirement age. This makes it even more important to save as much as possible, every chance you get.

Paul Novell, 46, who decided to retire at 38 and travel the country in an RV, with his wife, admitted that even if they hadn’t opted to put all of their savings into bonds, they would have still been capable of retiring early.

Consider semi-retirement

Early retirement sounds amazing to many people. But if you’re not exactly ready to quit your job this very minute, there are still things you can do to get a taste of retirement life. You can gradually transition your way into early retirement, in what certified financial planner Robert Brokamp calls semi-retirement. It puts less pressure on your retirement portfolio while providing you access to various benefits like health insurance.

A couple planning a trip using a map and a compass on a wooden table.
A smiling couple studies a world map in a rustic cabin, planning their next exciting travel adventure.

Live off passive income in retirement

Passive income could be the perfect way to live comfortably in retirement. From investing in dividend stocks to pension payouts or cash flowing rental properties, there’s no need for you to live paycheck to paycheck.

Jason and Julie Buckley retired at 43, leaving Nottingham, England to pursue their traveling dreams. Their income from rental properties, pension benefits and advertising and book sales on their blog, allowed them to live their dream life without ever touching their savings. The couple says they make around $18,400 per year and are more than happy with their life.

Find some inspiration from these 10 Brilliant Passive Income Ideas to Make Easy Money.

 

Pages: 1 2 3 4 5 6

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior woman walks her dog safely at dusk through a well-lit, peaceful suburban neighborhood with glowing street lamps. America's Safest Towns To Retire To, Ranked By Crime Rates
  • A collage showing a 'Perfect Retirement' blueprint peeling back to reveal complex financial ledgers and medical charts underneath. 8 Retirement Plans That Sound Good But Rarely Work Out
  • A panoramic sunrise view of a misty Pacific Northwest coastline with evergreen forests and distant snow-capped mountains. 12 Most Beautiful Retirement Destinations in the Pacific Northwest
  • A retired couple in hiking gear stands on a rocky mountain overlook, gazing at a vast valley with a winding river and snow-capped peaks. 12 Best States in America for Retirees Who Love the Outdoors
  • A man in his 60s working in his sunlit woodshop, representing the active and purposeful nature of unretiring. 8 Honest Reasons Why Some Retirees Are Going Back to Work in 2026
  • A retired couple stands in their empty, sunlit living room next to a moving box, looking out at a sold sign in the yard. 8 Reasons Retirees Regret Moving Too Close To Family
  • An active retired couple dancing at an outdoor community concert in a charming town square during a golden sunset. 7 Retirement Towns With The Best Free Community Events Year Round
  • A retired couple enjoying coffee in their bright, modern, and uncluttered downsized kitchen with soft morning light. 8 Monthly Bills Retirees Successfully Cut After Downsizing
  • A sunlit porch featuring a telescope, an art easel, a flight bag, and a basket of vegetables, overlooking a green valley. 8 Retirement Communities Built Around Unusual Hobbies
  • A silver motorhome parked on a scenic desert ridge at sunset, overlooking a vast canyon under a purple and orange sky. 8 Retirement Destinations Perfect For RV Lovers

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

A candid photo of a grandmother and grandson laughing while playing at a kitchen island in a busy, warm family home.

The Rise of Multi-Generational Living: Why Retirees Are Moving in with Family

Discover why more retirees are choosing multi-generational living to share financial burdens, combat isolation, and…

Read More →
An active senior couple walks through a modern, landscaped 55 plus community featuring contemporary architecture and a fitness center.

Why More Retirees Are Choosing 55+ Active Adult Communities in 2026

Discover why modern 55 plus communities are attracting a record number of retirees in 2026,…

Read More →

10 Common Myths That Might Be Killing Your Early Retirement Plans

You won’t be able to socialize anymore We can all agree that working with other…

Read More →

30 Expensive Cities Retiree’s Will Want To Avoid

Oro Valley, Arizona Although its surroundings are spectacular, choosing this destination wouldn’t be a cheap…

Read More →

Do You Want to Retire Early? Then These 10 Jobs Are the Way to Go!

Physicians Unsurprisingly, physicians would be able to retire earlier than most, but studies have shown…

Read More →
A senior couple reviews financial plans on a tablet in a bright, modern kitchen.

11 Social Security Mistakes That Could Ruin Your Retirement

Discover the most critical Social Security claiming mistakes, from triggering the earnings penalty to miscalculating…

Read More →
A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement.

10 Best Places to Retire That Won’t Break the Bank

Discover the 10 best affordable places to retire, balancing low housing costs, tax-friendly policies, and…

Read More →
Why More Retirees Are Choosing Part-Time Work In 2026

Why More Retirees Are Choosing Part-Time Work In 2026

Discover why older adults are choosing part-time work in 2026, and learn how to navigate…

Read More →

10 Most Tax-Friendly States For Retired Taxpayers

6th Best: Colorado The downside: Similar to South Carolina, the average combined state and local…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.