Thursday , 28 March 2024

Tag Archives: early retirement

10 Ways To Retire Early

Do you really want to spend more than 40 years of your life working? Do you really want to wait until after age 65 before finally allowing yourself to retire? There's no rule you have to wait that long. What do many early retirees have in common? Let's examine some common characteristics.

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These 5 Things Could Derail Your Finances If You Retire Early

The Financial Independence/Retire Early (FIRE) movement is hot right now. People working toward FIRE are hoping to retire in their 40s and, in some cases, even their 30s and, while the focus of FIRE is to produce financial freedom and not ascribe to a strict definition of the term "retired," it is a tantalizing goal many find worth chasing. However, if not properly planned, early retirement can be more of a burden than freedom. The earlier you retire, the longer your money has to last. Your life mitigation plan also has to be more solid and thorough than those who retire at the standard age. Below are 5 things that could derail your finances if you retire early.

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