
Why the Rich Love Being Green
A surprisingly large number of people, who use our Early Retirement Planning Software, are rich millionaires. Green Retirement benefits the middle class the most, reducing the savings they need for retirement, enabling them to achieve their retirement goals.
So, why would rich people who don’t have to worry about retirement, be interested in Green Retirement?
Why? Because with traditional retirement planning, you get penalized for doing well, and that means even a lot of rich people have trouble retiring.
If you are a C.E.O, Internet Entrepreneur, Surgeon, or upper management executive, and have a high net worth and six figure salary, even with a few million you may still not be able to retire – according to traditional retirement planning. For instance, if you have a net worth of $2.2 million and a salary of $180,000 per year, with traditional retirement planning you will need $3.6 million dollars. A person with a salary of $225,000 per year, will need $4.5 million to retire.
I know, don’t cry for the rich, wouldn’t be lovely if we all had the same problem? The problem however, is that the same problem that affects the rich, also affects you and it makes it harder for you to retire. If you get a $10,000 raise this year, you will now need an additional $200,000 in savings, to be able to retire. And then next year, you only get a $5,000 raise, but that means you will need to save an additional $100,000 to retire.
With traditional retirement planning, every time you get a raise, financial freedom and retirement slips further away.
And well, that’s just un-American. That is why the rich love Green Retirement, they get to enjoy the fruits of their success, and so should you. Find out how much savings you really need to retire on the Early Retirement Website, try our free retirement calculators, and learn how to retire early.

1 response so far ↓
1 Preparing Retirement // Jan 21, 2009 at 2:08 am
No matter your age, it’s never too early to start thinking about phased retirement. Perhaps one of the biggest issues retirees face is not having enough capital to get through retirement happily.
Rose.
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