Live with less
Someone has wisely said that choose to live with less so that it doesn't
cost so much to live. In fact, there is always a tendency to increase your
lifestyle expenses with increase in income. However, sometimes choosing to
live with less can be helpful in the long run. Particularly if you are
unable to save enough, you should always try to simplify your life.

"The net worth you are going to need (post-retirement) will depend on the
lifestyle you want to live. And the philosophy is quite simple: if you can
live on less than most people, you can probably retire earlier than most
people," advises Larry Ferstenou, author of 'You Can Retire Young', who
himself retired at age 42 more than a decade ago.

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