Many early retirees embrace a tough decision most people aren't willing to make

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September 17, 2018 3:53 PM

In a New York Times profile of several people who managed to retire comfortably in their 30s or 40s, many of them said they moved to a less expensive city or town to reduce their cost of living and save money. Many people never consider doing the same — but maybe they should.

early retirees

Many early retirees make a fairly extreme decision to help save more money: moving to a much cheaper city or town.

The New York Times recently interviewed several people who managed to retire comfortably in their 30s and early 40s. One of the common threads among several of the early retirees was making the choice to move to a place with a lower cost of living.

Scott Rieckens, a filmmaker working on a documentary about early retirement who was interviewed by The Times, recently moved with his family from the San Diego suburb of Coronado, California to Bend, Oregon. Rieckens told the Times that in Coronado, he and his family "

In 2015, life and business coach Tony Robbins championed moving to a cheaper locale to save money, pointing out that "

Read the full story from The New York Times »

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