The Motely fool at fool.com published a nice post titled “How to retire soon”, Because basicly its all everybody ever wanted, I Bring you a few segments here.
Easy as 1, 2, 3
Here are three initial steps:
- Sit down. If you can get family or friends to sit down with you, the process is going to be much, much easier.
- Brainstorm and come up with as many ways as you can to cut at least $100 in expenses over the next year. (Charles Jaffe of MarketWatch recommends identifying eight ways to cut $500, because the resulting $4,000 is enough to fully fund a Roth IRA. I like that idea.)
- Over the course of the year, capture those saved expenses by dropping the money into a special savings account set up for this purpose.
To read the rest of the article head over here
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