retire
When I was laid off in my 50s, I became stressed because I thought I was near the end of my career.But I realized I love working and traveling, so I decided not to set my sights on retirement.I’m now 65, traveling the world, running two businesses, and have no…
Kenneth Graham, 57, lost his home and all of his belongings in the Eaton fire.Graham paid $163,000 for the house in 1996 and has spent hundreds of thousands on renovations since.He said that while he’s insured, he’ll need to postpone retirement to help cover rebuilding costs.This as-told-to essay is based…
Sue and Ken Allen’s Palo Alto home, bought for $63,000 in 1975, is likely worth $3-4 million.The threat of capital gains taxes and higher property taxes discourages them from selling.Instead, they’re planning to downsize to a tiny home accessory dwelling unit in their backyard and rent out the main house.Sue…
Eight years ago, Debbie Welsch moved to Bali, Indonesia, after being laid off from her job in Los Angeles.Welsch wanted to escape the rat race and live a simple life where she’d be free from constantly thinking about money.Last year, her mother — now 81 — joined her in Bali.…
Eman and Kristine Vergara embraced minimalism to achieve financial independence.They shifted from high spending to saving 75% of their income by reducing expenses.The couple aim to travel with their kids while maintaining a frugal lifestyle at home.Seven years ago, Eman Vergara came across a book that had long collected dust…
Andre Nader sold his Austin rental due to stress outweighing financial benefits.He and his wife, who moved to SF in 2014, have found renting to be more cost-effective than owning.Nader says he doesn’t need to own real estate to hit his FIRE goals and focuses on index fund investing.Andre Nader…
By Pete Schroeder WASHINGTON (Reuters) -Federal Deposit Insurance Corporation Chairman Martin Gruenberg will retire effective Jan. 19, he told colleagues on Tuesday, clearing the way for Republican President-elect Donald Trump to name new leadership to one of the top U.S. bank regulators. The pending departure of Gruenberg, a Democrat and…
Chris Mott, a veteran, decided to retire at 57 after he became unemployed and couldn’t find a job.Mott and his wife sold their California home, downsized, and invested in a travel trailer.They have IRAs, savings accounts, and an investment portfolio to help during retirement. I’m a veteran who has worked…
Before dying of pancreatic cancer in October 2011, the late Apple CEO Steve Jobs told his counterpart at Disney, Bob Iger to start planning his retirement.Jobs told Iger not to stay too long at Disney so that he would still have time to enjoy the good things in life, The…
Wendy Jones, 71, has been her husband Roy’s caregiver for the last three decades — even after her brain tumor diagnosis. But the Palm Beach County couple are running low on cash and are worried about how they’ll put food on the table.Jones, who worked as a paralegal for decades,…
