Retiring At 30: How To Sensibly Handle An Early Fortune
by David Flores Wilson, CFP®, CFA, Senior Wealth Manager, Planning to Wealth
Oct 21, 2019
3 minutes
In August 2019, Indianapolis Colts' superstar Andrew Luck announced his retirement at the ripe age of 29. He cited the injuries that have stolen his love for the game and the widely known health risks of professional football as his reasons for early retirement. However, there is no question that his $97 million fortune played a big role in allowing him to retire at such a young age.
Though multimillion-dollar fortunes are rare, younger adults coming into money and retiring early has become increasingly more common. A look at households with net worths. "But the same proportion also said 'hard work' and 'running my own business' played a role."
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