If you wanted to retire right now, would you be able to? What would stop you, is it the money or something else?
We all think we want to retire ASAP – but when we start to think more clearly about the reasons we want to retire, it is not as simple as it sounds. When I first seriously contemplated my own retirement, I only thought about how much money I would need.
Do you need a million dollars, or a certain income every month or every year in order to stop working? That may be a part of it, but there is much, much more to it than that. Let’s explore some of the specifics around retirement, regardless of the amount of money/investments you may have!