How To Plan For An Early Retirement Now

How To Plan For An Early Retirement Now

Many of us dream of leaving the workplace while in our 40’s or 50’s instead of sticking it out until age 65. Early retirement is a tempting goal, but it can be tough to achieve.

There are four major obstacles to early retirement:

1) You have less time to earn money. If you start working at age 20 and retire at 65, you have 45 years to produce income. If you retire at 45 instead, you have only 25 years to achieve the same results.

2) Your investments have less time to compound. Read more…

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