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10 Signs You Will Be Able To Retire At An Early Age

10 Signs You Will Be Able To Retire At An Early Age

For many people, the dream of an early retirement seems far fetched. Worries about how you will live, what will you do, and what others will think can obscure the reality that is right in front of you. But early retirement may be more viable than you think. Take, for example, the story of Brenton Hayden who made himself a goal to retire by age 27 and succeeded. By strategically building a business that could run itself when he was ready to walk away, he did the seemingly impossible and now lives a life of complete freedom.

So we have compiled 10 signs you could be capable of the same.

Being able to identify the 10 signs that you can retire early can be the first and most important step to setting your own course. As you read the list, you may be pleasantly surprised at how many of these elements apply to you right now.

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1. You Believe That Opportunities Exist Everywhere

Hayden’s belief that he could find the positive in any situation and turn it to his benefit is what allowed him to become self-sufficient and able to meet his goal of retiring at 27. Opportunities can be all around us, we just have to look to see them.

2. You Feel That Your Daily Life Is No Longer Fulfilling

Sometimes being productive or successful in a position still leaves a spiritual and emotional void. When you reach this point, the best cure is often to walk away and follow that “road less traveled” to reawaken that desire to build something new – perhaps even in a new location.

3. You Want To Share The Skills You’ve Learned

When you’ve mastered a skill or trade, the greatest satisfaction is often gained by sharing that knowledge with others. Not only is this a great way to “pay it forward,” but it also empowers those around you and enables them to carry on with what you’ve taught them, freeing you up to focus on the things that will help you achieve your early retirement goal.

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4. You Aren’t Afraid Of Risk

The old saying, “no risk, no reward” is particularly important in knowing if you are ready to retire. Walking away from the relative security of a known existence (i.e. job, daily routine, etc.) to step into an uncertain future is a profound choice. Yet if you feel that the only thing worse is to remain stagnant, then the time may be right to make that move.

5. You Want to Control Your Destiny

Recognizing that being able to dictate how and where you spend your time is truly life affirming and can be a major step in the retirement process. If you find yourself wanting to take control of your own future and live life according to your own terms, then you may just have what it takes. The key is having the courage to take the first step.

6. You Don’t Believe In The Traditional Definition Of Retirement

Retirement no longer means just sitting around the house, playing golf or tennis, and watching the time go by. Believing that retirement today can mean working (or not) when you want, traveling when you want, and not being held to someone’s else’s agenda is a major indicator that you are ready to retire on your terms.

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7. You Believe That Retirement Isn’t The End, But Instead A New Beginning

Being freed from the yoke of job deadlines, a daily routine and demands on your time marks that start of a whole new existence. You can now work hard (or not) and play hard. It is up to you how to take this next chapter in your life and make it your own.

8. You Accept That Money Is Not The End-All And Be-All

Monetary status is like the weather; it can change without warning. By embracing the fact that you can live cheaply for now – if need be – in order to achieve your goal of early retirement, you are already prepared to handle the ebb and flow that retirement and investing while retired, can bring.

9. You Don’t Measure Your Life Against Others

One of the most profound benefits of retiring on your own terms is that you no longer have to measure your life achievements against what others have (or have not) gained. Success and failure are both just chapters. Some of which fall short of a goal and may ultimately lead you to end up reaping more rewards than if your original plan had succeeded. Life is funny that way.

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10. You Know That Age Is Just A Number

Nowhere is it written that you have to reach a certain age in order to be “ready” for retirement. True, some financial situations, such as pensions, 401k’s or Social Security have a mandated legal age, but the idea of retiring and beginning a new life is not bound by those same numbers. That is why people like Hayden could choose to retire at 27, while others continue to work through their 70’s and 80’s. Knowing that age is just a number means that you are not bound by the societal barriers that dictate what the “right” age for retirement should be. That choice is uniquely your own.

So What Questions Should You Be Asking?

Every journey starts with the question: What do I want to discover? No matter what your age or status, it is never too early to start asking yourself some serious questions about retiring. As you look within, these 10 signs will stand out as beacons showing you that the only obstacle to meeting that dream is yourself. Dare to take that first step today.

Featured photo credit: barca-couple-soledad-wholesale-473854/Montaplex via pixabay.com

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Last Updated on November 5, 2019

How to Use Visual Learning to Work More Effectively

How to Use Visual Learning to Work More Effectively

Knowledge is essential to become successful in life, your career and your business. Without learning new concepts and becoming proficient in our craft, we cannot excel in our chosen careers or archive knowledge to pass down to the next generation.

But content comes in various forms, and because how we learn influences how much we know, we need to talk about learning styles. This article will focus on how to utilize visual learning to boost your career or business.

The Importance of Knowing Your Learning Style

Knowing your learning style enables you to process new information to the best of your ability. Not only does it reduce your learning curve, you’re able to communicate these same concepts to others effectively.

But it all starts when you’re able to first identify the best way you learn.

As a college student, I soon figured out that taking online courses without visual aids or having an instructor in front of me led to poor retention of concepts.

Sure, I got good grades and performed excellently in my online exams. However. I discovered that I couldn’t maintain this performance level because I forgot 80 percent of the course content by the end of the semester.

There are several types of learning styles known to mankind. To give an idea of how visual learning stacks up against other learning styles, here’s a brief mention of some of the different types of learning styles we have.

The four most popular types of learning styles are:

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  • Visual learning style (what this article talks about).
  • Aural or auditory learning style (learning by listening to information presented).
  • Verbal or linguistic learning style (learning that involves speech and writing).
  • Tactile learning style (learning by touching and doing)

But for the purposes of this article, we will be focusing on using visual learning to boost your career or business.

How to Know If You’re a Visual Learner?

When it comes to boosting your career, business (or education), a visual learner is one who would most definitely choose shapes, images, symbols, or reading over auditory messages.

I’m talking about preferring to read an actual map when navigating to a new place over listening to verbal directions. I’m talking about discovering that you actually have trouble remembering what your manager said at the meeting because there were no graphs or illustrations to support the points raised.

Most people who struggle with learning probably aren’t leveraging their best learning styles. The earlier you identify how your learning style can boost your success, the less struggle you will encounter with processing new information throughout your career.

However, visual learning in particular CAN 10x your career or business whether it is your preferred learning style or not. And here’s why:

Several studies have arrived at the conclusion that the brain retains more information with the help of visual aids. In other words, images are directly processed by our long-term memory which helps us store information for longer periods of time.[1]

While some lessons can be performed orally, several concepts can only make sense if you have an image with an explanation of sequences (i.e learning about the human DNA).

Visual learning does use a different part of the brain and visual cues are processed by the part of the brain known as the occipital lobe.

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By engaging more parts of the brain during learning, you’re able to have a fuller understanding of concepts and facilitate better interaction with your immediate environment.

How to Use Visual Learning for Success

Here’re 4 ways to use visual learning to boost your career or business:

1. Bring back the to-do list. Then add shapes and colors to boost productivity.

We live in an age where computers have taken over virtually every aspect of productivity and most human functions. But written lists are making a comeback, and with an endless number of important tasks to complete, having a to-do list of tasks in order of importance can improve your productivity.

While coming up with a list is initially challenging, adding colors and shapes to written lists that you personally write and manage gives you an extra layer of assurance and boosts aids recall so that you actually get stuff done.

I have tried this technique in my work as a registered nurse and discovered that adding shapes and colors to to-do lists helps me delegate tasks, recognize where more work is needed, and makes it easy to cross off completed tasks at the end of the day.

2. Add graphs, charts and symbols to your reports.

Yes, it seems like more work cut out for you. However, graphs enable you monitor the heartbeat of your business.

Graphs and charts help you trend your finances, budget, and pretty much any data overtime. With the help of free and premium software available on the market, it has become easier to take plain data and in a matter of seconds, have relevant information displayed in different shapes and images.

As an entrepreneur, you can make predictions and allocate funds wisely when you’re able to see whether your efforts are rewarded. You can use colors and charts to delegate actions to members of your team and track performance at the same time.

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And when broken down into monthly, quarterly, bi-annual or annual goals, graphs and charts communicate what ordinary text cannot.

3. Effectively brainstorm with mind-mapping.

Mind-mapping is not new but I don’t think it’s been talked about as often as we do to-do lists.

With mind mapping, you’re organizing information accurately and drawing relationships between concepts and pieces from a whole.

Think of a mind map as a tree with several branches. For example, the tree can symbolize healthcare while each branch stands for nursing, medicine, laboratory science, and so on. When you look at nursing, you can further branch out into types of nursing; pediatric, women’s health, critical care, and so on.

It’s an interesting relationship; the more ideas you’re able to come up with for your chosen subject, the deeper you get and the stronger the association.

Mind maps really show you relationships between subjects and topics, and simplifies processes that might seem complicated at first glance. In a way, it is like a graphical representation of facts presented in a simple, visual format.

Mind mapping isn’t only limited to career professionals; business owners can benefit from mind mapping by organizing their online learning activities and breaking down complex tasks into simple actions so that you can accurately measure productivity.

4. Add video streaming to meetings.

What if you could double the productivity of your team members by video streaming your meetings or adding flash animation to your presentation at the same time?

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When you offer video as an alternative method of processing information to colleagues, there is a greater chance of retaining information because we recreate these stories into images in our minds.

For organizations that hold virtual meetings, it can also be an effective way to enhance performance during if people can see their colleagues in addition to flash animation or whatever form of video is provided during the meeting.

Is Visual Learning Better Than Other Learning Styles?

No, that is not the point. The goal here is to supplement your existing dominant learning style with visual learning so that you can experience a significant boost in how you process and use everyday information.

You might discover that understanding scientific concepts are much easier after incorporating visual learning or that you’re able to understand your organization’s value when projected on a visual screen with charts and graphs.

The overall goal is to always be learning and to continue to leverage visual learning style in your career and business.

More About Learning Styles

Featured photo credit: Unsplash via unsplash.com

Reference

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