Frank Noble retired at 55 after a successful career in forestry. At age 86, he is still fit and active, encouraging his family to pursue similar retirement goals. Notably, he owned his home outright, which he believes significantly contributed to his financial freedom during retirement. Inspired by Frank's experiences, the author, now 40, is focusing on paying off their mortgage and building diverse investments, including shares, to prepare for a stable early retirement while maintaining an active lifestyle.
My father-in-law, Frank Noble, retired at the age of 55 after a successful career in forestry in Australia. He said that if given his time again, he'd still follow the same path and choose to retire early.
One key thing that made Frank's early retirement much easier was that he owned his home outright before he retired. He sold his family home in Tyers and bought his current place in Bright - in cash.
Frank also attributed his successful retirement to having private investments on top of his pension. We've also started investing in shares and reinvesting the dividends in order to build long-term wealth.
At 86, he still goes to the gym three days a week, spends hours in his garden each day, and chops all of his own wood for the winter months.
Collection
[
|
...
]