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Five ways to retire on time

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Old 31-10-2005, 09:51 PM   #1
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Five ways to retire on time

Five ways to retire on time

By Nic Cicutti, MSN Money Special Correspondent
Last updated October 19 2005

For those of us who have listened, and even taken part in the long-running discussion over future retirement provision, the past 15 to 20 years have been a bewildering experience.

Until a decade or so ago, the expectation among most of us was that, as long as we planned reasonably well, it should not be too difficult to retire at 55, or 60 at a push and live fairly comfortably thereafter.

Even for those in their early 30s, the assumption – fuelled by astonishing investment returns throughout much of the 1990s – was that as long as you were prepared to run a bit harder to catch up, there was no reason why you couldn’t stop work at 60 on half your pre-retirement income.
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