30? 40? 50+? ….
What if there was a way to simply knock years, even decades, off of your retirement plan?
That’s what the focus of my new ebook, Retire Sooner!: How to Optimize Your Plan to Achieve Financial Freedom, is all about! In this book, we’re going to take the “normal” path to retirement and turbo-charge it with a bunch of different tools that will have you accelerating towards financial freedom before you know it!
I can’t tell you how many people I’ve met in my life (like in this story here) that are forced (perhaps even brain-washed) into thinking they need to work until they are 60 or 70 years old, all to save up to some unrealistic savings goal of thousands or maybe even millions more than they actually need. That’s so crazy!
No matter how old you are or where you’re at in the retirement planning process, these will be tricks you can use to speed things up. And you’ll be able to use them without having to sacrifice the lifestyle you want to live.
The Failure of Conventional Retirement Planning Advice
It’s no wonder most people feel like they will NEVER retire ….
During my research for my writing, I came across a lot of really “bland” news articles with overly-simplistic retirement planning advice.
I thought it might be fun to take that tired advice, put it into a retirement calculator, and see what you get.
Do you want to know what I found? Following all of this minimal advice, it would take you almost 66 years to reach your retirement savings target!
How insane is that? Get a job at 23, and work until you’re 89 years old …
That’s when it came to me: I know LOTS of great tips for improving your retirement plan. For years, I’ve been trying to optimize my own plan by shaving a year here or a decade there; all with the goal of reaching a point financial independence that I will be happy with.
So I decided that this should be the theme of the book. But I didn’t want to stop there.
In order to really demonstrate the power of these tips, I wanted to do something that you’ve probably never seen done in any other ebook – I wanted to “quantify” just how much each piece of advice was going to improve our plan.
That’s why at the end of every chapter, we’re going to take that “66-year” plan, apply the advice, and watch the years roll off! This way, you’ll be able to fully appreciate the impact that each tip could have on improving your financial situation.
You’ll be amazed at how low we’re able to hack this plan down to!
Knocking Off Year After Year, Decade After Decade
Whenever I tell someone of my plans to retire early, they always ask me: How exactly are you going to do this?
The amazing thing is that there is no “one” secret. It’s really a combination of secrets that, when grouped together, form an incredibly powerful force!
For example, did you know that:
Investing more aggressively in stocks over bonds throughout your saving years will result in a 32% reduction in the number of years you need to save?
Or, did you know that:
Paying off your mortgage early can cut off 29% of the number of years you’ll need?
If we were to keep going with the rest of tips, do you know how many years you’ll be able to cut that 66-year plan down to?
… Almost 15 years!
You read that right! Using realistic options to save more, avoid taxes, and invest more aggressively, you’ll create a power-packed punch that will have your retirement plan down to less than a fourth of what it was originally!
I promise this isn’t going to be one of those hokey plans where someone tries to convince you to survive off of $1,000 per month, sell all your stuff, move to a third world country, or some other radical thing. We’re going to create and refine a plan that captures YOUR life – the way you want to live it!
No matter where you are at with retirement planning or how much money you make, you don’t have to feel lost. You don’t have to feel like financial independence is some goal you’ll never be able to achieve. You can rise above the situation and take some major leaps and bounds forward. You can hack your retirement plan and easily turn it into something you’ll be able to achieve.
Readers – What do you do to optimize your retirement plan? How do you accelerate your savings, and how many years have you been able to cut your own plan down to?
Featured image courtesy of Amazon.