Planning for early retirement can be challenging, particularly if your income from business is variable. One individual shares their struggle, saving aggressively yet facing fluctuating monthly profits as a business owner. This uneven income makes it difficult to stick to retirement savings goals. The article suggests evaluating income stability and considering a shift from managing a business to pursuing a steadier paycheck to achieve the retirement dream, while also exploring supplementary income options from side businesses.
If your business isn't allowing you to meet your income goals, you may need to reconsider.
Running a business can be a rewarding thing, but also a stressful one.
Early retirement is something a lot of people aim for. It's nice to leave the grind behind.
The good news is, they have a few options to consider.
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