Millions of Young Americans Are Targeting Early Retirement. They Might Achieve It. Can You?
Think about your financial goals. Are you hoping to go on a big vacation? Saving for a down payment on a home? Working on saving for retirement? How would you like to retire early? If retiring comfortably or retiring early are on your financial wish list, are you doing anything about that? Taking any particular actions? Many financial goals are more within our reach than we may think -- as long as we take action and work toward them.
An interesting survey by the folks at SoFi Technologies found that the majority of Gen Z and Millennials were willing to give up eating at restaurants for five years in order to retire early. Here's a look at how effective a strategy that is -- along with what it might take to save up enough money for retirement.
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Source Fool.com