Archive for the 'Early Retirement' Category

Couple earning $56k aim for early retirement

Is it possible to retire by 50 with an income under $60,000? Ryan and Hope Wells think so.

Married since 2005, the young Arkansas couple is just starting out. Ryan, 25, works as a used car salesman, and Hope, 23, works as a medical billing coder at a hospital. Together they earn an annual $56,000 — above the national average, yet still not exactly easy street in today’s economy.

But with a little discipline, they think they can meet their goal of an early retirement. “I feel pretty comfortable with a target of a little over $2 million,” Ryan says.

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