Early Retirement: 7 Ways to Kill Your Chance of It – NASDAQ.com

Let's see, if I retire at 55, I run out of money at 70.  What happens if I retire at 56 instead?
Let’s see, if I retire at 55, I run out of money at 70. What happens if I retire at 56 instead?

I can’t add anything of value to this article so I won’t try. But I urge you to read this tongue in cheek piece of advice in its entirety. While its focus is early retirement, its message is applicable to any retirement.

Take it from someone who has been retired a few years and spent forty years before that helping people plan for retirement, they know what they are talking about.

Early Retirement: 7 Ways to Kill Your Chance of It – NASDAQ.com.

3 comments

  1. If you think that retirement expenses will be less you are very mistaken . Why? Medical, dental, medicine, increase in hired help, MRD from IRA,401K,403b, will increase taxes. You need 110% of earned income before retirement, to meet expenses in retirement. This does not include discretionary spending: trips, etc.

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