You Can Retire Early!
Everything You Need to Achieve Financial Independence When You Want It
Paperback ISBN: 1440599882
The definitive guide to financial independence that offers proven skills and realistic strategies you can use to retire early—and still have time to enjoy your golden years! Retiring early is not limited to lottery winners or the super rich. In fact, with proper planning, we can all retire at a younger age than we ever dreamed—but only if we know how. Personal finance expert Deacon Hayes explains the practical, concrete steps you can take to start your retirement when you’re young enough to thoroughly enjoy it, including: -Developing a personalized retirement plan -Maximizing income -Understanding opportunity cost -Assessing and reducing debt -Selecting the right investment vehicles -Sticking to the plan With Hayes’s guidance, you can achieve financial independence and enjoy an active, happy retirement.
Your Money Ratios
8 Simple Tools for Financial Security at Every Stage of Life
Paperback ISBN: 1583334165
A leading financial adviser offers a groundbreaking and simple approach to tackling personal finance by breaking down formulas used by the most successful businesses. A troubled economy calls for answers. People need sound, easy-to-follow financial advice that can be implemented immediately. For the first time, a leading financial adviser has developed a remarkable set of guidelines to give individuals the same kind of objective insight into their personal finances that successful businesses have. Your Money Ratios will help readers effectively manage debt, invest prudently, and develop a realistic and effective savings plan to ensure both financial success and security. Readers need only plug their income and age into Farrell's ratios to get an instant picture of their savings status and overall financial health, as well as a road map for the important choices for the future. Some key ratios include: • The Capital-to-Income Ratio: how much capital (savings) you should have if you plan to retire at 65 • The Mortgage-to-Income Ratio: the maximum mortgage debt you should carry and still have sufficient capital left for comfortable savings • The Education-to-Average-Income Ratio: the amount of education- related debt you can safely incur based on anticipated average earnings after obtaining your degree