Easy Investing Secrets to an Early Retirement – April 24, 2020

Easy Investing Secrets to an Early Retirement – April 24, 2020

- in Income, Money, Retirement
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Building sufficient financial resources to retire early may sound like a dream, but making that dream come true is not as hard as it may sound. The main thing is simply to save more money each month. No big deal, right? Well …

The typical rule of thumb given by financial planners is to have a goal of saving up to 20% of total earnings. But if you want to retire when you’re younger, that percentage will probably need to be more like 40% to 50% of your income. Of course, that’s not so simple since a big part of your paycheck goes to day-to-day, necessary expenses. So if you want to save that much, you need to make some serious lifestyle adjustments. It requires making changes, but it’s doable.

Read more at Yahoo Finance

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