Retiring Early in a Recession with A Purple Life

#16: 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. We also have a bonus discussion
where she shares work from home tips, since she’s been working
from home for 3 and a half years.


We chat about: 


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!



If you are wondering if early retirement is still realistic, take
a listen to this episode. If you enjoy it, please subscribe and
share with a friend. Also, leave us a rating and review on Apple
Podcasts, I’d really appreciate it.


**Check out our previous episode with A Purple Life, Episode 3.
**


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lifestyle design expert, Becky helps people reach their biggest
money goals, like paying off debt, building up savings and using
their money to create their ideal life. She provides the proven
tools to improve your finances, and accountability to make sure
you take the action needed to change your life. Want to take the
concepts you are learning on this podcast to the next level?
Schedule your free 10-minute coaching call with Becky
today! 


Need someone to talk with about recent changes in your finances
due to COVID19? Connect with Becky on a free 10-minute coaching
call and discuss how she can help.


For more information, visit the show notes at
https://www.twentyfree.co/episode16/