Question

Karina wants to retire early and spend her retirement in a foreign country. What are the most helpful examples of milestones for this goal? Check all that apply.

borrowing money to pay for her children to attend college
taking classes to learn the language of the country she wants to retire in
saving and investing 35 percent of her income every month
sticking to a regular exercise schedule
learning to draw in her free time

Answer 1

Selected:
- taking classes to learn the language of the country she wants to retire in
- saving and investing 35 percent of her income every month

Why:
- Language classes directly prepare her for living abroad (daily life, integration, paperwork).
- Regular high-rate saving/investing is a concrete financial milestone that supports retiring early.

Not selected:
- Borrowing money for her children’s college adds debt and works against early-retirement savings.
- Sticking to a regular exercise schedule and learning to draw are beneficial for wellbeing and enjoyment in retirement but are not primary milestones for retiring early and moving overseas.