Semi-Retire Now or Fully Retire Soon?

Should you semi-retire now or should you continue working for just a few more years so that you can fully retire?

Let's use an example of a 28 year old man who has about $150,000 in investment assets. Right now he is in a position where he can work 3 days a week, say Tuesday to Thursday, earning $28,700 from paid work. Incidentally, that's all the money he needs to fund his luxurious lifestyle, including $5,000 per year for travel. So the $150,000 that's invested can just continue to accumulate and in 7 years he can drop back to 2 days paid work, as the investments will grow to $240,000 and supplement another days work.


So here he is, 28 years old and living the life of hours dreams and only working Tuesday to Thursday; every weekend is a 4 day weekend! On top of that, by the Age of 35,he can drop back to 2 days per week.

This man has an abundance of time to work on what he is passionate about!

By the age of 45 he can drop back to 1 day a week and can fully retire at 58.

Fully retire later
The other option of course is to continue working 5 days a week for a few more years and fully retire at an earlier age.

So when can he do it? Using the same example, the man above can save $19,000 per year working 5 days. Therefore he will be able to fully retire at 41, which is 17 years earlier, but he misses out on loving a life of abundant time for 13 years!

So what would you choose, semi-retirement for a longer period, or 5 days a week to fully retire at 41? Tough Choice!

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Peace.
E.