Considering Early Retirement? Be Careful, the Grass is not Always Greener
In the final part of this 3-part series on Early Retirement, Mr. Lewins offers questions to ask yourself and your financial advisor before deciding to take early retirement.
So, before making the final decision on whether or not to take early retirement ask yourself and your financial advisor the following questions:
1. How much money, as an annual percentage return, do I need my portfolio to generate each month/year? For example, if I have $500,000.00 in assets and I need $3,000.00 /month before taxes, then I need my portfolio to generate 7.2% after any fees or expenses.
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