There are a number of things to consider on the way to becoming a private person.
(Photo: action press)
Frankfurt With the right strategy, many people have the opportunity to retire early from their professional life. Those who invest in a disciplined manner over decades can become a privateer between the ages of 50 and 60.
Another possibility is to use the time until the statutory retirement age with a one-off payment, savings and rental income. If you invest a large sum in one fell swoop, you can make a living from it – if you do it right.
The Handelsblatt presents three ways that can help you to retire prematurely from working life.
The normal earner: Get out earlier with an ETF savings plan
Saving private assets is tedious, asset managers agree. With monthly savings of 300 to 400 euros in the broad stock market, someone is one of the privileged because he can save at all, says Tom Friess, head of the VZ asset center in Germany. But it is so difficult to become a privateer, he says.
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