How to plan for an early retirement
For the last few days this idea of early retirement was running in my head. I came across a blog (among several more) which talked about retirement even in 30’s provided one starts working at 20’s and save up to 75% of take home income! Funny and sounds impossible to me but I know someone in her who exactly does that and I want to see whether she can retire in her 30’s. So for people like us who may have started thinking about retirement after their 40 th birthday there is still hope. There are few baby steps and few giant ones including some life-style changes but there is chance. But it is like your fitness diets you should be serious enough to continue till the end. Some of the steps are even big for me which I am suggesting to myself also you need support from your partner and children. Here is a step by step instruction which I am implementing for myself which I gathered (read researched) from several blogs. 1. Assess your monthly spending, group by categories l...