Early Retirement Planning - Does it Include Consideration of Low Cost Alternative Lifestyles?

Early retirement planning can be a great tonic forpleasantly surprised as to how much fun we had, and
those stuck in a job that they do not like. Mostreally pleased when we realized we were not
would like to quit work, go to the islands and chill.spending much money. $1,000 a month was what we
Unfortunately when we sit down with our financialwere spending and living the good life.
planner it seems impossible.Now it is 2009 and we are convinced that anyone
Early retirement seems less likely if you had plannedcan do what we did if they really wanted to retire
to retire in 2009 or 2010. The stock market drop hasearly.
made a lot of us put off plans for retiring. Especially ifThese lifestyles may not be for everyone, we
we had planned on living like we were when working.understand that.
But there are alternatives...If the desire to retire isWhat we don't understand is not even exploring
stronger than ever, examine lower cost retirementthese possibilities. They are worthy of your
options. Among those would be to retire to theconsideration.
Caribbean on a sailboat (what we did 15 years ago);One thing is certain after retiring early (49), no one
full time RVing; park model living; or relocatecan take the experiences we have had, and continue
overseas.to have, away from us. We also realize we couldn't
All of these options offer a good relaxed life fordo some of the things we did due to now being 15
very little money.years older. The longer you put off retirement the
So if you say I can't afford to retire now...you areless time you will have to enjoy retirement.
making a choice to continue your present lifestyleSo the next time someone laughs when you say you
and working when compared to the options above. Itwant to retire right now...think sand between your
is your life and it is your decision.toes, or having your morning coffee in Merida, or fill in
The desire to retire was strong enough for us toyour own retirement dream. It may not be that far
retire to the Caribbean sailboat life in 1994. We wereoff.