In 2009, I posted Early Retirement Forum which highlighted the Earlyretirement.org website. Earlyretirment.org has many posters that are DIYers who are confident of retiring early or have retired early. This differs from many Internet articles that are biased towards people unsure or unable to retire early,
Recently when I noticed that the website provides a link to a calculator that estimates success rate. Most financial advisors use a Monte Carlo analysis to determine success probability. Firecalc© uses rolling periods from 1871 to estimate success if one had lived in that period. I like this methodology approach since it includes long decline periods such as the Great Depression.
Finally, a commenter on my post shared additional links that may help provide perspective on early retirement.
Disclosure: I am not affiliated with and receive no compensation for any referrals to Earlyretirement.org or Firecalc© in this post or any My Wealth Builder posts.
This is not financial nor early retirement advice. Please consult a professional advisor.
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