Time To Think About Early Retirement Planning
Sunday, February 17th, 2008
Many of us are still living in the past when it comes to planning for retirement. Sure, we know that unlike previous generations we can’t rely on generous Social Security benefits or fat corporate pensions. And we know that we can’t count on double-digit market returns to make up the difference. We are more concerned about creating wealth rather than ways to preserve it.
Before, while we were fresh out in college, we don’t really consider the future as a whole. We were actually focus on our ideal career. We acquired our education, and now we’re playing the corporate field, and vying for the job that will set us up with a great lifestyle. And soon we can purchase the home and abandon the apartment routine. Since we can now afford something a bit nicer, a new car is probably in order. And before we know it, we’re married with a family. It’s time to stop right here and it’s time to consider early retirement planning. Yes I do realize that this is slightly far off yet, but there’s no such thing as too early when it comes to retirement. The years can fly by much quicker than most of us we expect.