Many younger Americans are beginning to consider early retirement as an ideal financial goal. In fact, a survey from T. Rowe Price showed that 43 percent of millennials plan to retire before the age of 65.
With the recent surge in early retirement trends, many are wondering how best to navigate this complex financial landscape. This is where working together with a CPA firm comes into play, as these professionals can offer invaluable advice and assistance in planning for early retirement.
The Role of a CPA Firm in Early Retirement Planning
Retiring early requires a deep understanding of financial management, and a certified public accountant can help you navigate these waters. With their accounting and financial insights, a CPA can help you design an effective budget plan that factors in your current income, projected post-retirement income, and anticipated expenses.
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