Making Your Early Retirement Dream Come True

Making Your Early Retirement Dream Come True

Imagine yourself enjoying your retirement. With enough savings and diligence, you’ll probably be okay retiring around your 60’s. According to Money Talks News, U.S. retirees usually bid their careers farewell at the age of 64. However, the Social Security’s full retirement age for all states except the District of Columbia only kicks in at 67.

But by that time and at that age, will you still be able to enjoy the dream that you’ve been chasing since you were a child? Probably not.

Now imagine yourself enjoying the luxury of your hard work while you still have the strength, health, and interest to do so. Imagine traveling the world, experiencing new things, and meeting new people all year long. Imagine sipping mojitos by the beach without worrying about the hangover the next day.

Imagine just staying in your room, watching TV, and eating pizza on your bed for the whole day without worrying about heartburns. Imagine yourself enjoying your life as a retiree while you can still actually enjoy life to the fullest. Sounds too good to be true?

Having an early retirement plan is not only for daydreaming but also for keeping yourself inspired to work hard. It’s not only about saving money and working hard. There’s a science in planning this. And with the list provided below, that plan might turn into a reality.

Here are the four ways to make your early retirement dream come true.

1.  Prepare multiple sources of income

To achieve this goal, it’s not enough to only work hard. You also have to work smart. Grinding nonstop can help you earn a lot, but there are more efficient ways to go about it.

  • Passive Income – Invest in your future by working on your investments immediately. Buying properties as early as possible is good since the market value of land will only go high as the world gets more populated. Future rental income is one of the most secure and safest ways to earn money passively. You can also try your luck with stock dividends, patenting products and ideas, or capital gains. The idea is to spend money now and let it constantly grow instead of stagnating in a bank. With proper research and attention, you can minimize the risks and earn as you sleep.
  • Active Income – Of course, you’d still have to work. But having a nine to five for decades isn’t always necessary. Maximize your earnings efficiently by finding your specialization and investing in it early. Attend seminars and learn actively to improve your skills. Working as an employee with only your future as your responsibility is indeed comfortable. But if you’re gonna go for early retirement, then the fastest approach is to skyrocket your career growth as well.

 

2.  Prepare safety nets

The best way to have a relaxing time in the future is to work on the possible things that might stress out. Cut those worries in the bud and work on your insurance.

  • Health and life insurance – It’s safe to assume that almost everyone knows the importance of health and life insurances. Yes, the cost of health insurance has dramatically risen over the decade. Yes, there’s so much you can buy with that amount. But if you look at it from a different perspective, by spending around $400 a month, you can avoid getting $123,000 out of your pocket for a heart bypass. And that’s just for the surgery alone. Health and life insurance provide you and your family financial protection in case of serious accidents or illness.
  • · Housing Insurance – Property insurance is also something that warrants more attention. Floods, fires, earthquakes, break-ins, and all the other unwanted mishaps can cause damages that might empty your savings. Not having a house and the money to start again is not really gonna make your retirement a blast. Knowing the right package to get will make life easier. If you prefer the bustling streets of metropolises, then look for the most suitable condo insurance quotes for your stylish and busy lifestyle. If you’re eyeing the serene and comfortable life of living in the suburbs, then homeowners insurance should be the topic of your research.

 

3. Avoid Debts

It’s simple math, really.

[( Hard work + Savings ) – Debts] x Interest = No Early Retirement.

Loans and personal debts endanger your financial assets. Loan interests will sneak up on you with a right hook and knock your plans out entirely. So, avoid it as much as possible.

4.  Take care of your health now

You have to understand that the main idea of early retirement is for you to have the capability to enjoy the fruits of your labor. And you can’t do that if you’re sick. Abusing your body and mind by working outside your limits will only be counter-productive in the long run.

The idea of relaxing all day, every day, is enough to fuel a week of nonstop grinding. And in most cases, that’s what happens. But a year filled with lack of sleep and proper diet will have its effects on your body for a lifetime. Nine to fives are usually attached to a sedentary lifestyle. Make sure you’re physically fit and learn the importance of resting and unwinding to make sure you’re mentally healthy.

 Remember that you are planning an early retirement for you to enjoy your life. But that doesn’t necessarily mean that you can’t have fun now. Make sure to find the line between working for a living and living to work.

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!
[convertkit form=1317971]

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

The Return of the Physical Store: Make It a Winning Comeback

The Return of the Physical Store: Make It a Winning Comeback

We are almost two years into this pandemic, and yet it is uncertain when movement restrictions will end or when the day we go back to the office comes. For retail businesses, what’s sure is the gradual return to the brick-and-mortar store setup, so much that even small neighborhood businesses have an equal shot to success. Are you one of those betting your stakes returning to physical retail? Here’s what you can do to prepare your establishment:

1.  Attractive Signage

Whether it’s on a floor standing signage or with decals on the glass panels in your storefront, a catchy social media humor-infused phrase, if not the word ‘sale’, always grabs people’s attention. Don’t wait for these displays to be outdated and replace them as often as the season changes. Also, make it a point to make pop culture, if not niche-specific, references. A ‘Let’s get back what you lost.’ display outside a facial spa, for instance, is enticing for ladies having been deprived of their treatments during the lockdown.

2.  The Instagram-Worthy Space

Make customers feel more welcome by improving the appearance of your storefront. Unleash the potential of that extra space between your store and the sidewalk by having it designed by commercial landscapers. With their help, you can transform your dull space into something patio- or cafe-like.

While you’re at it, why not replace your brand logo and have a backlit or neon signage placed above your store to appeal to the enthusiastic Millennial and Gen Z shopping population. Also, strive for a visually satisfying experience inside the store by putting up colorful lights and decor but sticking to a central theme without defying from your brand image. To name a few, you could aim for a minimalist home, gamer’s haven, or digital art vibe.

Come up with unique hashtags you want customers to use in their social media posts, especially Instagram. Make decals of them and stick them onto picturesque spots in your store like the front and on fitting room mirrors. Of course, it’s all up to them if they use the tag and specify the location in their posts, but their picture should give away where they took it.

3. Grand Clearance Sale

Perhaps, an event that best gestures ushering in a new era for your business is through a grand clearance sale. Sell past seasons’ inventory at more affordable prices but, of course, consider the overhead costs such as warehouse space and utilities that come with the sale. More importantly, relay the message that the sale is intended to make space for new releases and not because the business is closing for good.

4.  Nurture relationships with loyal customers

Depending on which social media platform your target market tends to lurk, launch ad campaigns. Present how your business has pivoted product- or service-wise since the pandemic. Assure them of their safety when transacting in your store. You can also give exclusive perks to those who are already vaccinated.

 Still, to stay relevant in the lives of your loyal customers, you can create targeted campaigns and don’t limit yourselves to the social media space. Rather, stay in touch with them through their mobile phone numbers. Remind them of earned pints, if any, that they are yet to utilize or limited-time promotional packages

 Times like these also remind businesses about the importance of maintaining a customer relationship management (CRM) system even if they are yet to bring their business online. Even keeping customers’ email addresses is powerful enough in reaching them. Through weekly newsletters, you can keep them updated on your promos and remind them of when it’s due for them to restock on your products, in the case of sellers of cosmetic products.

 More importantly, you could provide value-adding educational content. You can do so much with email marketing tools that typically allow you to customize your emails to your liking and brand image. To optimize your newsletters, place links to your website, landing pages to your current promos, and, of course, your contact details.

5.  Emphasis on safety

Overall, you would want to leave an approachable impression that is receptive to inquiries. For instance, many are concerned about their safety if ever they drop by your store. And so, be ever so open to arrange exclusive appointments for them or inform them of your store’s less busy hours.

 Make sure to maintain hand hygiene and social distancing provisions in your store. Provide hands-free sanitizer dispensers by the entrance and by the cashier kiosk. Install foot traffic guides like stickers on the floor and hanging Sintra PVC ones. Of course, they are more attractive if they’re specifically branded for your store.

 These days, the curb appeal of stores more largely determines their success. Besides, improving how your store looks gives more vibrancy to the neighborhood. In a way, transforming your store livens up the community.

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!
[convertkit form=1317971]

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

Why Do I Have Such High Energy Bills?

Why Do I Have Such High Energy Bills?

Whether you pay your energy bills monthly or yearly, the last thing you want is for those bills to remain constantly high or even to increase out of control. Unfortunately, the post-pandemic work arrangements have affected our energy consumption at home. Ultimately, if you’ve been working from work since the start of the pandemic, it’s fair to say that your daily consumption has increased. You need to consider the cost of heating or cooling the house, lighting, potential cooking lunch and working with your laptop during the day. In other words, you can expect your bills to be already a few hundreds dollars  above the average 2019 bill. 

However, there may be another explanation for your unexpected energy expenses.

1.  Your Metre is faulty

Your energy provider tracks your consumption via a meter system. Some providers still take frequent manual readings, while others prefer remote sensors and reading. Abnormally high readings or a sudden increase in consumption based on your electric metre could be caused by a faulty system. If the metre is faulty, the reading will be affected, and you might receive a high bill. You can ask your energy provider to check your consumption against other measurements or get the reader checked for issues. You can also reach out to professional electricians for this task; you will need level 2 electricians who can handle electric metres and proceed to a replacement. 

2.  Your home needs better insulation

Your home insulation plays a significant role in energy management. Indeed, you can learn from a DIY manual how to replace old insulation systems if they do not contribute to regulating the temperature inside your home. Typically, areas that have insulation weaknesses tend to get cold to the touch in winter. They include walls, ceiling, and floor if you have a basement. Most homeowners assume that windows are the main cause of heat loss in winter. In reality, your home loses 30% of its heated air through poorly insulated walls and roofs.

3. You waste energy without knowing

Heating and cooling your home represents 40% of your energy use, followed by appliances which use 33% and water heating, which requires 21%. Appliances that are not energy-efficient could be using more energy than necessary. Poor thermostat use is also a common issue with energy waste. If you set your thermostat too high in winter, the heating system works hard to reach the temperature. Overheating your home could dry out the indoor air. Did you know that when your indoor air loses too much moisture, it affects your temperature perception? When the air gets too dry, your home feels cooler, which means you heat it even more. 

4.  You need to step down on gadgets

As mentioned, appliances could be a source of high expenses. However, gadget-loaded households also accumulate unnecessary high bills. Tech gadgets can be energy vampires. Unfortunately, many households have a tech-heavy entertainment system. While there is nothing wrong with enjoying technology and relaxing with your favourite gadgets, sometimes having too many tech options means that you are paying for plugged-in items you barely use. 

In conclusion, abnormally high energy bills could be a sign that your home is wasting energy or recording a high energy consumption. Getting to the bottom of the problem will save costs. But it can also help protect the environment by proactively reducing your carbon footprint. 

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!
[convertkit form=1317971]

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

Managing The Costs Of Your Medication

Managing The Costs Of Your Medication

There are some costs that you might think you shouldn’t aim to reduce too much, lest they impact your quality of life too much. Some people take this approach to medication but, the truth is that there may be ways to cut down on how much you’re spending on the medicine you take but while still ensuring the same level of self-care.

1.  Consider generic alternatives

Prescription medication can often be one of the worst offenders when it comes to the inflating costs of health care. However, when you’re prescribed a medication, not taking it is not going to help your health at all, in most cases. You may be able to fight the costs by looking at generic alternatives. Generic medication is required to have the same active ingredients as any medication that bears the same same. There are some differences in very specific cases, as MedicineNet outlines, and often the delivery ingredients can change, meaning that some take effect sooner rather than later or vice versa, but in many cases, generic medication can cost less but be equally as effective.

2.  Always check if there are cheaper options available

Regardless of what type of medication you go for, be it branded or generic, you might be able to save money on them simply by taking more time to look for them in more places. Different pharmacies offer different prices, after all. Sometimes, medication may be up to twice as expensive in one location as another, and websites like Pharmacy Checker can help you see not just the availability of certain medications in spots near you, but their current pricing, too.

3. See if you can grow it yourself

There are some herbal treatments that can offer relief for certain conditions. Perhaps the most well-known of these is the growing use of medical marijuana. Now, how much you can rely on this tip depends largely on the legality in your area, but with the help of accessories like a Nextlight, growing your own supply in your home may be a plausible option, meaning that you don’t have to spend as much at your local dispensary. Again, this all depends on whether use and self-growing are legal where you live, first and foremost.

4.  Consider larger doses and larger supplies

If you’re going to be taking more than a single box of prescription meds because you’re likely to be treating the same condition beyond that single box’s continents, then buying a single dose can see you paying less in general. Buying in bulk always decreases the price. Just make sure you don’t buy more than you will ever need. Similarly, buying larger dose medication can be more cost-effective, and you might be able to split larger pills into smaller ones to make sure you’re getting your correct dose. This does not apply to all medications, so check with your doctor, first.

If you’re ever concerned about the effectiveness of any of the recommendations above, then you should talk to your doctor first and foremost. In fact, you should talk to them about just about any medication changes you’re thinking of making.

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!
[convertkit form=1317971]

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00

When Should You File A Workplace Claim

When Should You File A Workplace Claim

As an employee, you have certain legal rights. These are designed to protect you from any employer behavior that could cause you harm. 

Such legal protections include:

  • The right not to be discriminated against because of your color, gender, religion, sexuality, age, and disability
  • The right to a workplace that is free of harassment
  • The right to be paid a minimum wage
  • The right to work in a safe workplace

But what happens when your legal rights have been breached? Should you sit back and do nothing for the sake of a quiet life? Or should you file a workplace claim against your employer?

Well, there are a number of stages you should go through.

1.  Check your employment rights

We listed a few of your employment rights but there is more detail in this article on federal laws that protect employees. It’s worth reading and other articles like it because you want to make sure you have a case before starting a lawsuit. The whole process can be quite stressful, especially if you have to stay in your place of employment for the duration, so you don’t want to start something that might end in failure. 

There are certain situations where you should be encouraged to file a workplace claim. Such instances can include:

  • Being passed over for promotion for potentially discriminatory reasons
  • Being unlawfully terminated
  • Suffering an injury or illness because of health and safety issues in the workplace
  • Harassment, be that sexual or otherwise
  • Being asked to do something illegal by your employer

This list doesn’t cover every situation but after finding out about the laws that protect your rights, you will know what is and isn’t acceptable.

2.  Speak to your employer

This might not be something you want to do alone so bring along a friend, colleague, or union representative if you need backup and moral support.

A discussion with your employer might resolve the issues you are having. This might be the case if there are disputes over your wage rights, for example, or if you believe they are bullying you. As most employers want to avoid legal tangles, they might listen to your argument and act accordingly for your best interests. In some cases, it might be that they need reminding of the laws that exist and in others, the threat of a lawsuit could be enough to scare them into compliance. 

When speaking to your employer, stick to the facts, talk to them respectfully, and give them a chance to explain themselves. If things are then resolved, you might not decide to go any further.

Of course, you might need to skip this step if it is too late for your employer to do anything. We are thinking of instances where you have already suffered a workplace injury. Or, in a worst-case scenario, when you have fallen ill because of poor workplace conditions. An illness could be stress-related, for example, or it could be something life-threatening. Mesothelioma, an asbestos-related disease, is one possibility. In such instances, you should definitely contact the relevant legal team, such as the folks at this mesothelioma law firm.  

You might also ignore this step if you feel you cannot talk to your employer or if they refuse to talk to you. 

If things are not resolved at this stage, the next step is advised.

3. Gather evidence

If you’re going to make a workplace claim, you will need to document the problems you are having. This can act as evidence for your case. 

So, take note of conversations and events that matter to your case, including the time, date, and names of people who were present at each situation. Gather other information that can help you, such as emails from your employer, written testimony from witnesses, company policies, and medical reports if applicable. 

Be careful, however. You should only collect documents that you are legally allowed to have access to. So don’t try to take or photocopy confidential documents, even if they are related to your issue, as you could compromise your claim.

4.  Consider legal action

After collecting the evidence you need, you have the right to seek legal advice. A lawyer will work with you on your workplace claim, and they will work to get the compensation you are owed. In most cases, the claim will go to an employment tribunal instead of court, and your employer might even try to settle with you before the case goes any further. 

Before filing the claim, ask yourself these questions.

  • Do I have a good enough claim?
  • Can I afford the legal costs?
  • What are my chances of success?

Your lawyer will discuss these questions with you at your first consultation, so listen to the advice they give you. If you do have a strong case, and you are able to afford the legal fees, go ahead with the workplace claim. Hopefully, you will emerge victoriously!

best,

– a contributed post

P.S.  Was this post helpful?  Consider buying us a coffee to show your love <3

Buy Us A Coffee!Buy Us A Coffee!
[convertkit form=1317971]

POSTS YOU’LL LOVE

15 Father’s Day Gift Ideas That Won’t Break The Bank

15 Father’s Day Gift Ideas That Won’t Break The Bank

Updated On May 14, 2020Some of the links in this post are “affiliate links.”  This means if you click on the link and purchase the item, WSW will receive an affiliate commission.  Additionally, Who Says What is a member of the Amazon Affiliate Program.  Please review...

read more

TRENDING PRODUCTS

2020 LIFE BOSS PLANNER

(38 PAGES)

$19.00 $9.00

BULLET JOURNAL BUNDLE

(87 PAGES)

$32.00 $12.00