Retirement At 50 | Pros & Cons of Retiring Early With Real Strategies

Retirement at 50 shares the many pros and cons we learned from retiring in around age 50. Find out if the pros out weight the cons or vice versa!
Here's my Ultimate RISE Wealth Plan https://retirecertain.com/rise​

Pros of retirement at 50:
You’re young enough to reinvent yourself and do some type of work you’re always desired. For example, based on decades of professional trading, my husband began teaching low risk option strategies at the website I had built at https://www.powercycletrading.com/. This became a fulfilling and financial rewarding endeavor. I get paid for financial coaching, advertising and programs at RetireCertain.com, and I am an active tactical ETF investor myself.
You have time to establish income streams before you are in your 60’s.
You’re young enough to travel and enjoy more sports.
There are now many ways to generate retirement income especially for those who enjoy the mental stimulation of some sort of “work”. 33 in my Ultimate RISE Wealth Plan.
Due to technology, data is now available to help predict with more accuracy whether in retirement planning will last for those willing to make the effort to do this.
It is easier than ever to establish good income alternative while working from home or anywhere else with internet through income generating assets.
While most people hate and avoid debt, interest rates are extremely low and favorable for borrowers. This allows investors to buy alternative income generating assets, such as businesses or real estate rental properties that can cash flow after financing. If a 50 year old, for ex, bought a real estate rental property that cash flowed after financing, it could be paid for before age 65 or 70, providing a good income source for retirees. This is an exceptional opportunity.
Cons
If you invest without having clarified your investment risk, and invested within outside of your acceptable risk, you can run out of money and you’ve left your career which provided steady income. This is more likely to happen after an extended bull market and long economic expansion as these 2 events typically precede bear markets.
You may miss the camaraderie and stimulation of a work environment.
If you’re a US citizen, health care costs are very expensive until Medicare kicks in.
You’ll have over a decade before social security payments begin.
Bond income, the traditional retirement income source is extremely low. Investing in longer term bonds that may pay more can be dangerous because most bonds decrease in value when interest rates rise.
In error, you may plan on what has happened in the past decade, or even few decades to happen over the next few decades. It will be different based on history. It’s important to remember that in the 2000s decade stocks had an annualized negative return for the decade and then rose over 400% over the next decade. Such swings make it hard to plan for retirement withdrawals and make retirement income planning difficult altogether. Sequence of returns risk shows if bear occurs shortly before or after retirement the retiree is more likely to run out of money. This means that retiring after a bear market increases a retiree’s probability of having funds for life.
Also, the Prime interest rate was over 20% in the early 1980’s.
The unexpected happens and government intervention doesn’t always prevent financial disasters.
History tell is that. This is why I invest our core portfolio using a tactical ETF portfolio based on reliable back testing data over several decades as explained in my Ultimate Rise Wealth Plan.
Remember, retire certain.
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Camille Gaines, AFC
Wealth coach
Accredited Financial Counselor
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Retire Certain is about alternative retirement strategies from income streams and wealth building after 50.

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