How to figure out if you’ll be able to retire early


Financial advisors are able to help you figure out how to reach your financial goals and achieve financial independence as soon as possible. So while it can be a complex topic to tackle, carefully considering your lifestyle, assets and debts will allow you to calculate a rough estimate of how long your money will last beyond your income-generating years.

No one knows what the future holds, especially when projecting out 20 to 30 years. That’s why it’s so important that financial planning is a process, not a one-time event, that flexes and adjusts with you and the financial environment over the years.

Can you retire early? Chances are that you can with the right preparation and financial planning that puts you on the path to achieve this financial goal.

(Editor’s note: This column originally appeared on Investopedia.)

— By Paul Sydlansky, founder of Lake Road Advisors

Source link

Products You May Like

Articles You May Like

Wedbush’s Ives sees big iPhone numbers
Here’s how investors can save the world, one dollar at a time
With more equity volatility on the horizon, what’s an investor to do?
Target-date funds are super simple, but is that all you need to know? 
American Express earnings Q3 2018

Leave a Reply

Your email address will not be published. Required fields are marked *