One of the fall-outs of the economic boom is that salaried class is ageing early in life. Ask a 40-year old professional about his retirement age and his answer would be tomorrow.
Of course, most of them would like to retire financially without the troubles of ensuring cash flow on a monthly basis through salary. While retiring at 40 would mean a retired life of another 40 years, it hasn’t dithered many from dreaming about retirement life.
What a contrast to the older generation, which wanted to go on and on and has even managed to push the retirement age upwards. In fact, many of us would recollect as to how our parents hated the last day of their job even after putting in three decades of service in a single company!
How to plan for early retirement
One of the fall-outs of the economic boom is that salaried class is ageing early in life. Ask a 40-year old professional about his retirement age and his answer would be tomorrow.
Of course, most of them would like to retire financially without the troubles of ensuring cash flow on a monthly basis through salary. While retiring at 40 would mean a retired life of another 40 years, it hasn’t dithered many from dreaming about retirement life.
What a contrast to the older generation, which wanted to go on and on and has even managed to push the retirement age upwards. In fact, many of us would recollect as to how our parents hated the last day of their job even after putting in three decades of service in a single company!