Those ardent ER advocates, the SEC, are here to help:
SEC Targets 'Early Retirement' Scams - Encore - SmartMoney
Popular seminar claims:
The FINRA four-page PDF is much more entertaining than the article. My favorite ER quote is:
SEC Targets 'Early Retirement' Scams - Encore - SmartMoney
Popular seminar claims:
Next, the guide cautions you to be skeptical if you hear, in an invitation or seminar, any of the following claims:
“Everyone can retire early.”
“You can make as much money in retirement as you can by continuing to work.”
“You can expect returns of 12% or more.”
“You can withdraw 7% or more from your nest egg annually and never run out of money.”
The FINRA four-page PDF is much more entertaining than the article. My favorite ER quote is:
http://www.sec.gov/investor/alerts/earlyretirement.pdf“These gas wells are guaranteed to produce $6,800 a month in income.