Prepare for Your
Early Retirement Planning

I once read in a book by Robert Kiyosaki that said the biggest challenge you have in life is to challenge your own self-doubt and laziness. It is your self doubt and laziness that define and limit who you are.

I whole-heartedly believe in this statement. You are truly capable of anything. It is only your doubt that can hold you back. I believe that this is the best retirement advice you will ever receive.

It’s hard to accept new ideas and take a different path in life than everyone else. To achieve your goal, your retirement solution will be very different than other people you know. They will rely on tools that you no longer use. They will tell you that your plan is "risky." They will tell you that it can't work.

Remember this one thing. Never take advice from someone who doesn't have what you want.

If someone tells you it won't work, find out if they have tried it. If someone says it is risky, as them about their experience with it. Nine times out of ten that person is giving advice about something they have never done. They usually say that they haven't tried it personally, but they have a friend they trust who says it doesn't work.

Avoid this type retirement planning information at all costs!

Don't get mixed up in all the noise. There is a lot of information floating around about early retirement planning. Focusing too much on the details can throw you off course. When you need help planning retirement, always refer back to your retirement ratio.

Concentrate on the big picture. You must increase residual income streams and build your passive income generator. These incomes must cover your living expenses to retire. Burn that plan into you mind and stick to it. Focus on just retirement and increase assets that drive these two incomes.

Ignore everything else.

There are so many topics related to your early retirement planning that you can reach information overload. You're be confronted with information about:

Retirement Statistics
Retirement Income Planning
Retirement and Tax Planning
Retirement Lifestyle Planning
Retirement Planning Online


All of this information can be useful, but only if you remember the big picture and apply it accordingly.

Ask yourself, "How will this help improve my retirement ratio?"

Once in a while I'll get an email from someone asking how to plan retirement saving. I usually write back and ask what they are saving for. I then get a response that simply says, "RETIREMENT!"

Someone that thinks like this doesn't understand the retirement ratio. If they understood the big picture, their saving plan would somehow affect their ratio. Perhaps they are saving to build capital for paper investments. Or saving to start a business that creates a residual income stream. Or saving to buy passive income generating real estate.

These are all great examples of reasons to save money. Simply saving to stash away cash for "RETIREMENT" won't get you anywhere in the long run.

If you are planning early retirement, stick to the retirement ratio. Focusing on it will clear all obstacles.

If you are searching for a retirement planning guide, stick to the retirement ratio. Concentrating on it will shorten your time until retirement.

When you're lost in the sea of information, this ratio is your lighthouse. It will guide you and keep early retirement planning as simple as possible. Follow the light and it will keep you on course.