Retire Early with Careful Planning, Good Advice

It’s no wonder that people in their mid-50s and early sixties are streaming into the offices of financial planners for advice: Many are facing the prospect of early retirement due to a buyout or layoff in an economy that continues shedding jobs.

In the case of many baby boomers, early retirement is the goal.

It doesn’t have to be painful, but it is essential to strategize so there is enough income to maintain a decent lifestyle for at least a few decades, say two local financial advisers.

Examining how one’s retirement income is invested should be one of the first orders of business, and for most people, that means looking over IRAs to make sure funds are distributed in a way that jibes with their tolerance for risk.

http://www.mlive.com/businessreview/tricities/index.ssf/2008/08/think_carefully_about_early_re.html