There are numerous analogies floating about concerning what retirement is. For each of us it represents something different. Perhaps it is only a dream, distant and more or less unfathomable. For others, it might seem close and still too far enough away to embrace the concept that one day you might actually do something different. And for Baby Boomers, the path is much clearer, the distance much closer and the journey much easier to define.
Retirement Planning: Is Your Plan to Retire Early on Track?
Yet dreaming of retirement, as singular as a fingerprint, is something many, if not all of us entertain.
And when we do, we try to balance the harsh realities of now with the opaque hopes that retirement offers. This balance is no easy task. The unknowns are numerous: taxes, inflation, the amount we need to maintain what we see as comfortable. But the dream of retiring early is still possible for more us than we think. So what is a early and what does an early retirement look like?See more ›
Posted in commentary, financial planning, Paul Petillo, personal finance, Profitable Investments, Repercussions: A Retirement Review, Retirement Planning Target 2025, taxes