[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] 事实细节题[考频:...
While many people dream about retiring early to enjoy life, far less actually manage to pull it off. Of course, the biggest issue for most is money. Financial experts throw figures at us, like one million dollars, assuring us that retirement will not be possible unless we can manage to st...
A key element of early retirement is saving: early, often and strategically. Make adjustments to your current budget If you're planning to allocate more money toward retirement, that likely means you'll need to either start building a budget or adjust your current spending. Embracing frugality ...
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 ...
Much of the drop has been because of early retirement. Governments have encouraged early retirement programmes as a way of creating jobs for younger workers - although this has often been at odds with the objectives of individual companies which have used early retirement to reduce the size of ...
You may also need to tweak your early retirement plan. To retire sooner, you could decide to lower your retirement lifestyle budget. In this case, you may not have as much money in retirement, but you could retire earlier. On the other hand, you could decide to retire later than you ...
How much money will I need? How should I invest? Even if you are still relatively young, say in your early 20's, you can still become an early retirement investor. You can't start early enough! The key thing is tostartyour retirement planning as soon as possible, which meansreading,le...
In more and more countries, people choose to give money on special occasions rather than giving gifts chosen personally. Why might this be the case? Is it a positive or a negative development? Give reasons for your answer and include any relevant examples from your own knowledge or experience...
Add up the value of your entire portfolio, including taxable investment accounts and tax-deferred accounts such as an employer-sponsored 401(k). Keep in mind, though, that you won't be able to access some of this money until later in retirement. Early withdrawals from a 401(k) or a tra...
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...