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For Gen Xers who retire early, accessing retirement funds without penalty can be tricky. “I left my job at 57, which allowed me to tap into my 401(k) using the Rule of 55 without paying the 10% ...
Best Cities for an Early Retirement. The top 25 cities for early retirement all have one thing in common: low costs. For the most part, these cities also have no taxes on Social Security benefits ...
Want to retire early? Depending on where you live, you may need to step up your nest egg savings to reach this milestone. To find out how much is needed in savings to retire at 40,...
The FIRE (Financial Independence, Retire Early) movement is a lifestyle/investment plan with the goal of gaining financial independence and retiring early through savings. The model became particularly popular among millennials in the 2010s, gaining traction through online communities via information shared in blogs, podcasts, and online discussion forums.
Coast FIRE is another method for getting to an early retirement (meaning before 50, so this can be flexible depending on your goals). The "coast" part refers to coasting to the finish line.
The early retirement math can be hard to work out. While other retirees can rely on Social Security for a source of income, early retirees need to rely entirely on savings for the first few years ...
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