Last updated January 25 2008: 11:05 AM ET
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Set lofty goals The old "save 10% of your income" rule isn't enough for extreme early retirement. Aim instead to sock away 20% to 25% of what you make, says Brock. If you earn $100,000 a year, that means saving as much as $2,000 a month. Start at age 25 and by age 45 you'll have $1.2 million, assuming an 8% annual rate of return.
|  The Nielsens planned to retire early from the day they got married. Now they've actually done it - and just might be able to make it stick. (more)  Aggressive investing could help you retire early, but taking on too much risk could backfire, says Money Magazine's Walter Updegrave. (more)  To make their long-term dreams come true, Jodi and David Lewis, ages 26 and 27, need to be as serious about savings as they are about their careers. (more) |
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