Early Retirement Is it a possibility?
During the past several months, many have come to discover that our lives can change very rapidly with unforeseen events. As we continue to work together and overcome the challenges of a global pandemic, many people have begun to question the possibility of early retirement in the face of our new normal. How can I achieve my desired retirement goals? Who can I trust to help me get to where I want to be financially?
Our team at Advisors Management Group has been working with clients to provide direction and peace of mind when they are faced with these questions. We understand that everyone’s situation is different and there is not a one-size-fits-all answer. To ensure that our clients receive the best recommendation, our advisors perform a personal financial analysis that examines each person’s unique situation as well as additional important considerations when determining the possibility of early retirement.
Most Common Considerations include:
- Health Care Costs
- Passive Income Generation
- Income/Asset Longevity
- Social Security
If you have found yourself thinking about the possibility of early retirement, you don’t have to navigate it all by yourself. Our team of experienced advisors are here to help you design a plan that addresses this sometimes-overwhelming process.