FYF 16: Retiring Early in a Recession with A Purple Life

Retire Early to Travel the Globe with Stephanie & Gillian from Our Freedom Years

Should you give up on early retirement? A Purple Life was planning to retire later this year at the age of 30, with a portfolio of $500,000. All of a sudden, there is a global pandemic and economic downturn, and her portfolio is not likely to reach half a million this year. Purple shares whether she is still planning to retire early, and how her plans might change to adjust for this new reality.

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 Listen to the episode on Apple PodcastsSpotifyStitcher, Castbox, or on your favorite podcast platform.

Today’s Guest

Purple from A Purple Life

You’ll Learn

  • What this worst case scenario means for early retirement
  • How to incorporate flexibility into your early retirement plans
  • Dealing with market volatility near retirement
  • Managing sequence of returns risk with a cash cushion
  • BONUS: Tips for working from home!

Resources

Related Content

FYF 003: Retire in your 30s! A Purple Life and Financial Mechanic discuss Financial Independence / Retire Early (FIRE)

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FYF 005: Everything you need to know about Financial Independence, Retire Early (FIRE)

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FYF 013: Money Advice for Navigating a Financial Crisis with Donna Sowa Allard, CFP

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