How can i retire at 45 years old when i am 32 ?

Question

How can i retire at 45 years old when i am 32 ?

Answer 1

I was retired when i was 45 yo with only 25years of working experience instead of 30 years.(but paid as 30)

Answer 2

hello - look at what you have now already saved.  take that to one of the retirement calculators (yahoo personal finance have those) and drop in some numbers.  it will tell you how much you should be saving now to be there by 45.  I did this a few years ago and am right on track now for my planned retirement at 57 (random number, I know).

good luck

Answer 3

you can't unless you have a few million in the bank and can live very cheaply for the next 40-50 yrs after that - you will have to pay for your own medical care

Answer 4

many who do end up as alcoholics because of the boredom. or broke because of inflation.  

Answer 5

I'm trying for an early retirement by working hard and investing in dividend-yielding stocks. I'm going to consider myself semi-retired as a landlord, so I also plan on having some property mortgage-free (or at least a real fat down payment). Good luck.

Answer 6

Im 40 and will definatly retire at 45 or at least be in that position, I would reccommend you work for yourself, build up a business that has a value and sell it in 10 years, I done all the get rich quick things and done my dough, the fundamentals dont change, get rich slow and use the "no brainers" like quality property and shares to help you along the way.

Remember that working hard on your job will make you a living but working hard on yourself will make you a fortune...