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4 Reasons to Rethink Your Early Retirement Plans


Many people hope to retire early so they can enjoy their freedom at a fairly young age. And you, too, may have that goal. But early retirement may be a more difficult thing to pull off than you'd imagine. Here are a few reasons you may need to rethink your plans.

If you retire in your 60s, you may need your savings to last 20 to 30 years. If you retire a decade earlier, your savings will need to last that much longer. And so in retiring at too young an age, you run the risk of not having adequate savings to meet your needs.

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Source Fool.com


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