There’s been a spike in baby boomers looking to retire earlier, according to the data. 

The cause? 

Yep, you guessed it. 

COVID. 

Given the craziness of the past few years and having our lives completely upended, if you’re edging close to retirement, who could blame you for wanting to fast-track to a life of leisure. 

I know I would. 

Let’s dig into it from a financial perspective. 

Hypothetically, let’s say you’re 10 years off being in a position to, but want to retire ASAP. 

There are basically two massive considerations you would need to make. 

The first is relatively simple at a superficial level, but with real-world consequences at a practical level. 

The first is this… 

You could simply readjust your lifestyle and expectations of your post-retirement life. 

Put simply, if you could make this decision, own it and be comfortable with the consequences, you would effectively need less money to retire, feasibly allowing you to bring your retirement forward. 

The second is working out how to fast-track your current investments to fast-track your retirement. 

Here, if, say, you know that, based on your lifestyle, you’ll need $80K a year to live on, you need to work out the total number. 

Meaning, let’s say, hypothetically, you need $2M, but your current position is $1.5M. 

It would then be a case of implementing a strategy that’s going to help you bridge that gap sooner than having to wait, say, another 10 years

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