Are you thinking about early retirement but feeling overwhelmed by the myths and misconceptions? In this video, we break down the top 5 myths about early retirement and share our personal experiences and insights from our 2 years of early retirement.

In This Video we look at:
Myth #1: You Need to Be Extremely Wealthy
We'll discuss how careful planning and budgeting can make early retirement achievable for many people.
Myth #2: You Must Work To The Age Of 67
Why do we feel that we must work up to the statutory state pension age?
Myth #3: You'll Be Bored Without Work
We share how we stay engaged and fulfilled with hobbies, travel, and new projects.
Myth #4: You'll Outlive Your Savings
Find out how we tried to create a sustainable financial plan to ensure our longterm security.
Myth #5: Early Retirement Means No More Income
We explore the ways we looked to generate income after retiring early

We are Richard and Jackie and we live in the UK. We retired from teaching at the age of 51 in the summer of 2022. Our plans for early requirement include relocating to the Yorkshire Dales, developing our forever home and travelling the UK, Europe and eventually the world in our VW campervan Nelson.

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Check out our blog http://earlyretirementwanderlust.com

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Many thanks,

Richard & Jackie


Timeline:
00:00 Welcome to the Top 5 myths of Early Retirement
00:47 Our Early Retirement Story
02:03 Myth #1: You Need to Be Extremely Wealthy to Early Retire
05:04 Myth #2: You must work to the age of 67
07:32 Myth #3: You'll Be Bored Without Work in Early Retirement
09:14 Myth #4: You'll Outlive Your Savings if you Early Retire
11:20 Myth #5: Early Retirement Means No More Income
12:35 Our final thoughts on the Myths of Early Retirement