How To Retire Ten Years Ahead of Schedule

vietnam-beach-sunsetThere are two common ways to retire a full decade before Mr. and Mrs. Jones. 

The first isn’t rocket science. Avoid consumer debt and invest early.  If you invested $375 per month from age 20 to 55, you would have more than a million dollars if you averaged 9 percent.

But few have the foresight (or the resources) to invest from such a young age. Most people start later.  Life can also jam a pump in their spokes.  A job loss, divorce, or higher than expected educational costs can send them to the pavement. 

It is possible, however, to retire with a lot less than you might think.

Image courtesy of Pixabay

Read the rest of the article at AssetBuilder.com


no one has more first hand experience helping expat investors

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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1 Response

  1. Daniel Tynan says:

    I like these articles about cheap places to retire early to. Of course I have to take it with a grain of salt because I’m only 35. By the time I retire all these places will have changed completely and their cost of living changed depending on world economics.


  2. essential reading for visitors to andrew hallam website

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