By Mikael
This is the second post in the series of tips that can help you retire early or at least at age 55 (which is the age that most people are trying to retire at). If you missed the first post you can find it here: Retire at 55 – Tip #1 – Start NOW.
Now that you know that you need to start doing something I would like to give you an obvious but rarely used idea. Here it is:
Start making more money!
I know this sounds simple and that it makes total sense that you will be able to retire earlier if you make more money because if you make more money you are able to save more for retirement. But despite the fact that this is both simple and obvious most people don’t do it.
The reasons for this are many but bottom line is that they are all exc... Read more
By Mikael
If you read my post yesterday you will know that I will be writing a small series of things that you can do and things that you should be aware of in order to increase your chances of being able to retire early.
There are a lot of points that I am going to share with you but I have found that the best and easiest solution is to put everything into small pieces as it increases the chances of you actually doing some of them.
Now before I start let me just say that I do not have the solutions to everything and that the ideas I am going to share with you are MY views and ideas and if you disagree I will only welcome it. Please let me know why you think differently in the comments below.
Age Is Important
It is probably obvious but if you want ... Read more
By Mikael
If you are looking forward to the time where you’re going to retire then you might be one of the many people that have been asking themselves how much money they would need to be able to retire early. I’ve found that a lot of people seem to find the age of 55 years old to be a great age to retire which I can only agree with. The sooner you’re able to retire or become financially free the better if you ask me.
But in order to be able to retire at 55 you will need to know if you can afford to retire. You might have your 401k plan in place but for most people that might not be enough to retire on and if that is all you have then things might not be as great as you would want them to be.
So how do you find out if you have enough money to... Read more
Mikael Rieck is the author of more than hundred articles on topics of how to make money both online and offline. He has been online since 1999 and has always had a passion for money making opportunities and teaching others how to make a profit.