What to do If you Are 32 and Want to Retire at 43?

What to do if You Are 32 and Want to Retire at 43?

How to Retire within 10 Years From Now?

Recently someone asked me the above question. Well, To do this, I want to first of all read my article,

- How to Retire Early?

The above article is about retiring in twenties and thirties. But well, If you are 32 right now and want to retire at 43 than also the same principles apply. You have 10 years to retire so I think you should follow the following quick plan if you want to retire within 10 years.

01) Get Out of Debt – The day you start thinking of retirement, you should first of all get out of debt. Because this is the only trap that prevents you to get out of debt. If you are in a deep debt, you can’t retire early because you have to work hard in the economy to repay that debt.

So think of getting out of debt first.

02) Have an Emergency Fund – Once you get out of debt, build an Emergency fund and cut down all of your credit cards, Because credit cards are not the emergency fund. An Emergency fund is 3-6 months of your monthly expenses.

03) Start Aggressive Investing – Now, Start the Aggressive Investing. Save more and spend less. Divert every single penny towards stocks, equity mutual funds, businesses or anything else which you think that will give you the best returns in the long run.

Simply follow the above 3 step guide to retire within 10 years from now.