Peter, who may be about to be laid off, wants to take the opportunity to retire at 49. Is his plan ‘pie in the sky?’

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Maintaining your lifestyle with headwinds of that magnitude is nearly impossible unless you have an exceedingly frugal lifestyle, or you have a truly massive nest egg.

Q. I’m 49 years old and have worked for the same company most of my life. Last month, the company started announcing staff cuts and I wonder if I can turn this into my early retirement . I have been diligent in saving money since my first job and have all tax-saving vehicles used to the max: Read Entire Article