Rich by Choice • about the book • table of contents • buy the book • meet erlend Book Excerpts • investment advice • financial independence • saving for early retirement • mutual fund investing • retirement annuities • retire early, retire young Resources |
Saving for Early Retirement
Learning Center • financial tips • cash reserves • insurance • savings accounts • growth investments • taxes • retirement • estate planning  |
Retirement is normally thought of as beginning at 65 or a little later. Saving for early retirement would mean retirement at any age before 65, say at 60 or 55 or even at 50. Some jobs provide retirement benefits after 20 or 30 years of service. Many government, police, fire and armed forces career jobs provide for that. Therefore, if you start in your early 20s, you could retire in your 50s.
Or, in any career, if you start saving and investing right away, make good investments and keep your expenses down, you could retire early. Those investments should be tax deferred while they are growing, and ideally should earn 10% to 12% or more on average.
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Peterson Money Books
Book: RICH By Choice, by Erlend Peterson, CFP
A Complete Guide to Your Financial Success
money changes everything | rich by choice | challenge of wealth
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