Financial Freedom & Retirement: 4 Steps

Financial Freedom & Retirement 4 Steps

[{"selector":"#anim-397978ef-1cce-46e5-be59-19e554ac8804","keyframes":{"transform":["translate3d(-115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-615bf55f-e8fe-4def-bd54-2f14e7e94cea","keyframes":{"transform":["translate3d(115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Financial Freedom For Early Retirement Did you know - if you play your cards right and plan well, you can actually retire early with enough in the kitty? Here are 4 steps towards achieving that goal.

[{"selector":"#anim-680fe406-d0a0-4467-acad-2c0997257f99","keyframes":{"transform":["translate3d(-115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8fda359a-f89a-4845-8354-fd5a0f3e5462","keyframes":{"transform":["translate3d(115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Calculate How Much For a comfortable retirement, you will need to save at least 25x of your annual expenses (includes fixed, variable & loan repayment expenses). Calculate this number.

[{"selector":"#anim-66c72a4a-d93d-4c68-a2e2-c9dee6ed1b9b","keyframes":{"transform":["translate3d(-115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dad5c083-ebd7-4c9d-9a73-b9d57b9749a7","keyframes":{"transform":["translate3d(116.07717%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Maintain A Budget Looking at how much you need, create a monthly budget and stick to it. This will help you achieve the required retirement corpus in a consistent manner.

[{"selector":"#anim-5c4ec651-80b1-4d94-a481-e66aa2d5527f","keyframes":{"transform":["translate3d(-115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f5c0460-315e-495e-9b18-d55ae8be4c7a","keyframes":{"transform":["translate3d(116.07717%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reduce Expenses In addition to sticking to a budget, you should also cut down on expenditure - the unnecessary kind. Do you really need that new phone when your existing phone works just fine?

[{"selector":"#anim-6168b011-3aab-43a3-9d78-0c563f4588dd","keyframes":{"transform":["translate3d(-115.75562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-40be7f55-df2e-4a8a-b901-91588c57ee46","keyframes":{"transform":["translate3d(116.07717%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4a333d0-52ef-43fb-b673-4ce8ace906c1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-40.08460948040655%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2500,"fill":"both"}] Save & Invest Make sure you save 30% of your take home. And use some of that to invest in mutual funds for the long term (5-7 years).

[{"selector":"#anim-0fdfd367-399e-4319-920a-3c6513102513","keyframes":{"transform":["translate3d(-115.43409%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca67ae8d-8b3b-482f-8096-643fef1aab8e","keyframes":{"transform":["translate3d(115.43408%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Invest With Scripbox At Scripbox, we have a range of mutual fund options suited to your retirement needs.

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