Another great tip is to work with a financial life planner as soon as possible, getting expert advice on setting up a tailored plan that will help you to reach your retirement goals.
What is a financial life planner?
A financial life planner is a professional who helps individuals and families align their financial goals with their life goals. Financial life planning goes beyond traditional financial planning, which typically focuses on achieving specific financial objectives (such as saving for retirement or paying off debt. It takes a more holistic approach, considering a client’s overall lifestyle, values, and aspirations.
Financial life planners also help clients navigate life transitions, such as marriage, divorce, and career changes, providing ongoing support and guidance as needed to ensure their financial plan remains aligned with their changing needs and priorities over time. The end goal is to help clients meet their life goals, achieve a sense of financial security, and overall peace of mind.
Retiring early requires a long-term commitment and a willingness to make sacrifices in the short term. But with discipline and dedication, it is more than achievable and even more worthwhile.