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How to invest if you want to retire early?

Andrew Lokenauth
Finance Executive
Andrew Lokenauth is a Finance Executive who has over 15 years of experience working on Wall St. and in Tech & Start-ups. Andrew helps management teams translate their financials into actionable business decisions. He has held positions at Goldman Sachs, Citi, and JPMorgan Asset Management. He is the founder of Fluent in Finance, a firm that provides resources to help others learn to build wealth, understand the importance of investing, create a healthy budget, strategize debt pay-off, develop a retirement roadmap, and create a personalized investing plan. His insights have been quoted in Forbes, TIME, Business Insider, Nasdaq, Yahoo Finance, BankRate, and U.S. News. Andrew has a Bachelor of Business Administration Degree (BBA), Accounting and Finance from Pace University.

Andrew Lokenauth

Finance Executive

Expert Answer

The key to retiring early is watching and investing as much as you can in your retirement plan, but also getting your jobmatch. If your job matches your 401 K, you get 100% of you getting that, and that's free money.

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Can a barber become rich?

Donagan

Top Answerer

Yes, almost anyone with a steady income can become rich if they invest at least ten percent of their money over a period of many years.

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Can someone who owns a cafe be rich?

Tom De Backer

Top Answerer

Yes. Owning a cafe can be bitterly fickle, with no patrons for days or weeks, but bills continuing endlessly. But many cafe owners who put in the work and effort can indeed make a very good amount of money.

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Question

Can someone with a pet dog become rich?

Community Answer

If they work hard, they can. They may have to find someone to take care of the dog while they're working.

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How much money should I gamble?

Community Answer

There's no set rule about that, but most advisors will say you shouldn't gamble more than you can afford to lose. It's usually better to get rich slowly than quickly (because the latter often backfires).

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Question

What can I sell at school to get rich?

Tyler

Community Answer

Candy. Check with your school first. Shop at discount stores, so you can sell them for more.

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