How to retire early and has no worry about money?
There will be a point in life that is time to retire for most that is working for somebody else. What can be done to not worry about money as you'll never know how long more you're gonna live?
Public Comments
- save and invest your money early in life. the earlier the better. if you have a job, hopefully they have a pension plan, 401k or IRA. make maximum contributions deferring income til after you retire and your tax rate is lower.
- Try saving now 30 to 50% of your monthly pay, and you can retire early with no money woes. The life span in the United states is 70 years old. If you are still young you still have time, if your are 50 now, you have 20 years to ponder upon. Good luck, man.
- make sure you have liquid assets equal to 3 to 6 months’ expenses in an emergency fund. and hopefully u would have pay off your mortgage loan before the retirement age. Lastly, start saving now!!
