The reason why you can still retire early, is because traditional retirement planning uses a guess (80% of your salary), to calculate how much savings you need for retirement.

A guess, which can over estimate the amount of savings you actually need to retire, forcing you to work years longer than necessary. How much you spend in retirement, not your salary, determines how much savings you need for retirement.

This one small difference, in how to calculate your retirement savings needs, can make a huge difference in the amount of savings you need to retire..

Example:
A couple earning $80,000 per year, according to traditional retirement planning, needs $1,600,000 in savings before they can retire.  If they create a $2,250 per month retirement budget, Free Early Retirement Planning calculates that the couple, will only need $600,000 to retire.  A Million Dollar Difference.

Right now, there are millions of Americans delaying their retirements, who could retire right now, simply by changing the formula they use to calculate their retirement savings needs.

Millions more Americans, in fact all American workers, are much closer to an early retirement than they realize.  Using the savings strategy in How to Save One Million Dollars, starting with zero savings, the couple with a $2,250 per month retirement budget could retire in 18 years.

If the couple retires when they are eligible to receive $1,250 per month in Social Security benefits, they could retire in 13 years, starting with zero savings.  If they already have some retirement savings, for instance a net worth of $100,000, they could retire in 13 years without Social Security, or in only 8 years if they retire when they are eligible to receive Social Security.

What this means, is that even if you begin saving for retirement in your 50′s, you can still achieve an early retirement.  You can still retire early.  Below are tools to help you calculate if you can retire right now, how much savings you need to retire, and software that enables you to retire when you want.

Free Retirement Tools:
Free Retirement Calculator
Free Retirement Software