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Page A-683
Is Early Retirement an Aspiration?
Nursing similar ambitions, you hope to hang up your boots at 50, send off your kids to the Ivy Leagues and go on those dream vacations that you always thought of while at work. This aspiration is not impossible, if you start planning meticulously, focus on wealth creation, and invest systematically. But remember, most retirement savings plans’ thumb rules assume 60 for retirement. If you wish to retire at 50, you will have to invest more aggressively to account for those 10 years.
Page A-689
Is Early Retirement an Aspiration?
Nursing similar ambitions, you hope to hang up your boots at 50, send off your kids to the Ivy Leagues and go on those dream vacations that you always thought of while at work. This aspiration is not impossible, if you start planning meticulously, focus on wealth creation, and invest systematically. But remember, most retirement savings plans’ thumb rules assume 60 for retirement. If you wish to retire at 50, you will have to invest more aggressively to account for those 10 years.