Thinking of Early Retirement? Read This First - Motley Fool
It’s a fairly common dream most American workers have – retiring early to so-called “golden years” filled with a life of leisure doing all the things you’ve put off doing while pursuing your career. But whatever your definition of “early retirement” is, you shouldn’t approach that major decision without first evaluating whether your income after you stop working will be enough to sustain your desired retirement lifestyle over the long haul. Although you may think the answer lies simply in having a large nest egg, a much more sensible approach is to figure out whether your income from those savings will last for all of those years you plan to spend in retirement. This Motley Fool article by Maurie Backman offers a common-sense approach to estimating how long your retirement nest egg will last. Click here to read more.