A growing segment of the population is embarking on a plan being called ‘extreme early retirement.’ These individuals are families are looking to ‘retire’ by the time they are 40. Retirement isn’t exactly the right term, because the goal is more about establishing financial security by that age, such that they have the financial freedom to pursue their dreams and passions after 40 instead of being stuck in a 9-5 job.
I’m a big believer that the benefits of saving and investing is allowing money to provide financial freedom and while this type of extreme savings and minimalist living isn’t for everyone, it is an interesting new concept that more and more people are embracing. We can all learn a few things from these ideas.
Click Here to See the Full Article on CNBC.com
If you found this article informative – please consider a donation. 50% of all donations go to charity! Thank you!