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How To Retire A Decade Ahead Of Schedule

TedTed
in Off-Topic
FYI: There are two common ways to retire a full decade before Mr. and Mrs. Jones. The first isn’t rocket science. Avoid consumer debt and invest early. If you invested $375 per month from age 20 to 55, you would have more than a million dollars if you averaged 9 percent.

But few have the foresight (or the resources) to invest from such a young age. Most people start later. Life can also jam a pump in their spokes. A job loss, divorce, or higher than expected educational costs can send them to the pavement
Regards,
Ted
http://assetbuilder.com/andrew_hallam/how_to_retire_a_decade_ahead_of_schedule

Comments

  • CrashCrash
    I appreciate that article. I've dreamed of retiring to SE Asia. In my case, medical expenses every month are rather high, already: prescription costs, to be specific. Such articles never fail to gloss over that particular major detail, though.:(
    I wonder what it might cost for me, then, if I were to pay RETAIL for those medications? Thanks for posting.
  • Tampabay
    Pay off your Payments, don't have any bills...retire anytime you want..
    Can't be that Easy....Right??? or can it?.....you decide...
  • CrashCrash
    Tampabay said:

    Pay off your Payments, don't have any bills...retire anytime you want..
    Can't be that Easy....Right??? or can it?.....you decide...

    ...You're not paying attention, again.
  • Tampabay
    Attention is not my strong suite, but I did ok in retirement.....6 years ago (60yo)
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