Early Retirement Blog

Are you afraid and worried that you are going to be laid off, downsized, outsourced, or fired?  Have you watched your co-workers carrying their careers in a cardboard box, silently marching through the hallways, into the elevator and out the door?  Do you feel defeated, demoralized, and depressed?

Then get retired before you get fired!  Millions of Americans can stop working, and retire today if they would only ignore Wall Street, and use some common sense.

The formula Wall Street uses to calculate your necessary retirement savings is a guess that over estimates the amount of savings you actually need to retire.

For the average American couple with a net worth of $600,000 and a combined salary of $80,000, the Wall Street formula over-estimates by more than a million dollars, their actual retirement savings needs.   Based on their combined salary, the Wall Street formula calculates, the couple will need $1,600,000 in savings before they can retire.

Guess what?  If the couple creates a $2,250 per month retirement budget – they can retire today.  With a net worth of $600, 000, the couple can safely support a monthly retirement budget of $2,250, that increases every year with inflation for the rest of their life.  Enabling the couple to avoid working an additional 12 un-necessary years.

Twelve more years of commuting, twelve more years of cubicles, twelve lost irreplacable years that could have been spent enjoying their financial freedom.   Millions of Americans are cowering in their cubicles waiting for the axe, wasting their lives at work and stressing out at home, when they could be happily retired.

This story could be your story, you may be unnecessarily working right now, you could possibly be reading this article in your cabin instead of your cubicle.   Do yourself a favor, stop being scared of layoffs, and find out if you can retire today.

Visit the Early Retirement Website and try our Free Retirement Calculator, it will show you how much you really need, and how much Wall Street guesses you will need.