Charlotte, NC (PRWEB) January 25, 2014
Hobart Financial Group, a wealth management firm, details one man’s journey after retiring at the age of 30 and explains the reality of entering an early retirement.
According to a January 17th Market Watch article titled “How to retire early – 35 years early,” it is possible to retire at an early age. The article discusses one man’s decision to retire at the age of 30. Pete, a family man from Colorado, decided that it was his time to retire and work on his own terms when he was just 30 years old. Due to solid investing and a lot of planning, Pete was able to live as a stay-at-home parent with his wife and 8-year-old son.
In order to retire early, the article says Pete invested a lot of money in the stock market and in rental homes. He also paid off his house to avoid future payments that could derail his financial stability. Now, the article reports Pete only lives on a $25,000 per year annual income. The family doesn’t spend much money on material items and rides bikes more often than a car.
Christ Hobart, CEO of Hobart Financial Group, a leading wealth management firm in North Carolina says people can retire early if they keep a tight budget and manage their investments carefully. “Pete is obviously a jumping off point to a bigger discussion about smart investing and managing a strict budget,” he says. “Most people believe they are doomed to a life of working. In reality, it’s all about how you save, invest and spend money. People can retire early if they make the right investments and properly maintain their portfolios.”
Hobart says that while being frugal goes a long way, it’s best to look into investments such as stocks, real estate, or annuities. “These types of investments can offer you a greater return over time, while supplying you with spendable income. They might also help you retire early!”
Hobart Financial Group is an independent financial advisory firm dedicated to personalizing service with uncompromising integrity. Its focus on comprehensive, tax-advantaged plans help to provide sound preservation of capital, growing income and increased returns with reduced risk. Chris Hobart, founder of Hobart Financial Group, understands that true wealth means being able to share your life with the people you love, free from financial anxiety. Hobart Financial helps Carolinas’ retirees preserve and protect their wealth with comprehensive financial retirement planning and wealth management.