Submitted by Jon Freeman

In his book, You Can Retire Sooner Than You Think, Certified Financial Planner Wes Moss reveals how he thinks you can ensure a successful retirement. He also explains how those approaching retirement can possibly retire sooner rather than later – without winning the lottery. Moss conducted a study to discover the financial habits and secret practices that are common among happy retirees. He says in his book that “…it doesn’t take financial genius, millions of dollars, or sophisticated investment skills to ensure a safe, solid retirement.” Moss proposes that it takes these five practices or “Money Secrets” for most individuals to achieve the retirement they want:

1. Determine what you want and need your retirement money for
2. Figure out how much you need to save
3. Create a plan to pay off your mortgage in as little as five years
4. Develop an income stream from multiple sources
5. Become an income investor

To learn more about what Wes Moss says in his book about these secret practices feel free to check out a copy of You Can Retire Sooner Than You Think from your local Gwinnett County Public Library. For more information on personal finance topics remember that you can also access the GCPL Personal Finance Guide.