The financials of retiring early

- As you listen, keep this in the back of your mind. The less money you need, the sooner you can reach financial independence. You need a lot of money to retire, but probably need less than you think. That's because, and this is something you won't read in any traditional personal finance or retirement book. The younger you are, the less money you need to have saved before you can retire. As long as you follow a few simple rules. You can retire with less money at 30 than you'll need at 60 and not have to work for that extra 30 years. Yeah, I know it sounds crazy. But because of how the market works and the magic of compounding, it's true. Here's why. Even though the younger you are the longer you need your money to last, your money has more time to grow. In this case an additional 30 years of compounding. Even if you take three or 4% withdraws adjusted for inflation from your investment portfolio, your money is still…