Anybody can retire at any age with the right financial planning. People always think (wrongly) that it is too late to start saving now. This is not necessarily true. Besides, it is better to start saving at any time rather than not saving at all, right? The amount of money and the time required to compound that money depends on the goal you have set for yourself. Retirement at a younger age requires a lot less money to be set aside each month than retirement at a later age. Investing for retirement is the same as with any investment decision – it always has the 3 factors of time, risk and money to be considered. It is a personal goal and a personal choice.
