[线索词] the first thing, plan for an early retirement[定位] 由题干中的the first thing和plan for an early retirement定位到原文中第二个小标题下的首句The first step when planning for an early retirement is to figure out exactly how much money you have right now.[精析] 同义转述题【考频...
Many people see stepping away from the workforce and into retirement as a path to freedom. If you want to retire early, you might be able to enjoy hobbies, spend more time with family and get involved in charity work. To get ready, you’ll want to make sure your finances can support ...
If you're thinking about early retirement, you need to budget, save and plan ahead. Find out how to retire early so you can enjoy a longer retirement.
The key is to start saving early, perhaps in a 401(k) plan, individual retirement account or taxable brokerage account, experts said. This allows investors to harness themagic of compound interestover decades. In other words, you "let your investments do as much heavy lifting as possible," ...
He started building up his clientele over time, and eventually was able to make enough money to live in New York, quit his job, and be a full-time health coach which he’s now super successful with.#1 Tip for Early Retirement: Keep Your Cost of Living LOW...
Best Places to Retire Overseas in 2023 View All 13 Slides Updated on April 7, 2023: This story was published at an earlier date and has been updated with new information. Tags: retirement, money, 401(k)s, IRAs The Best Financial Tools for You Credit Cards Best Credit Cards Find the Bes...
Whether you’re just starting your first job or only a few years from finishing your career, it’s important to know how to start saving for retirement. Early retirement planning is best, of course, but if you learn how to budget your money, you can plan and put away savings for your...
In summary, here are 9 steps to retire early that can help guide your efforts.Determine the lifestyle you want when you retire early. Create a mock retirement budget to plan your expenses. Evaluate your current financial situation. Work out how much money you need to save and/or invest to...
There is no shortcut for saving money for retirement. But some people have found ways to do the hard work faster. Rather than planning to retire in their 60’s, they turbo-charge savings, pare down spending and optimize investments to become financially independent and retire early – a proc...
Step 1: Estimate Your Retirement Expenses If you want to retire early, the first step is to estimate how much money you will spend each month once you retire. Start by adding up expenses for things you cannot avoid, such as housing, food, clothing, utilities, transportation, insurance, an...