This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA
1) Start Early
Do you want to increase your chances of retiring at a reasonable age? Start early. As The Rolling Stones said, “Time Is On My Side.” Well said. Don’t kick yourself for not starting earlier. You can’t turn the clock back. Just begin where you are now.
2) Live Beneath Your Means
This goes without saying. Which is why it needs to be said. To get to your retirement, you’re going to need to have some assets and income. Don’t fall into the trap of trying to keep up with the Joneses. Live beneath your means and get to the retirement finish line long before the Joneses.