Who Wouldn't Want to Retire Early?
A poll conducted by the International Longevity Center and Harris reported that 25 percent of workers, ages 25 to 29 expect to retire before 55; however, history has shown that once this group reaches their 40s, reality hits, and less than 10 percent think 55 still is realistic.
So how do you retire early? Is there a cookbook enabling anyone to achieve this milestone?
While there is no right or wrong solution to accumulating wealth, some are turning to technology to help them figure out a grand plan. One example is Financial Engines , an Internet company that specializes in calculating retirement needs. The calculation is provided at no charge, and a $14.95 quarterly fee kicks in when the participant wants specific investment advice.
CPAs who deliver investment advisory services suggest that anyone looking to retire early seek the assistance of a qualified specialist, especially those working in the industry as personal financial specialists (CPA/PFS) , and others holding credible designations.