How to retire early
How to retire early Articles
The older you get, the easier it is to retire with your nest egg. You don’t have to stretch it out for as many years, and you’ll also be receiving Social Security. However, you still don’t want...
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A $3 million nest egg gives you a financial advantage and makes it easier to retire. However, living expenses have been on the rise, and some things get more expensive as you get older. For instance,...
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The stock market has offered tremendous long-term returns, but the risks become more difficult to justify as you get older. A Redditor in the FIRE subreddit recently did something that would be...
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The 4% withdrawal rule is a common practice among retirees. The idea is that you withdraw 4% of your portfolio each year and live on the withdrawal. However, the 4% rule also assumes that prices stay...
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A couple in their mid-30s has amassed a $4.5 million portfolio and is looking to retire this year. The couple shared a post in the Chubby FIRE Reddit group that revealed their finances and wanted...
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A 40-year-old Redditor has amassed an $18 million net worth and plans to retire in the next 12 months. He’s married with one kid and has a W2 household income of $500k. Most of his net worth is...
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Working hard and saving most of your money can create plenty of opportunities in the future, and one Redditor finds herself in that position. She is a 34-year-old with a $3.3 million net worth and...
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A Redditor recently posted in the Fat FIRE subreddit about bridging the gap from now until the couple can tap into their 401(k) plan without incurring penalty fees. One of the spouses is in their...
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A military veteran retired from the army after 35 years and collects $220k per year at 57. That income comes from an army pension, VA disability, TSP, and dividends. The veteran also has a $5.5...
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A Redditor recently posted in the Fat FIRE subreddit about a large deferred compensation payment. The Redditor aims to retire at 55 with $2.5 million in deferred compensation. While the current...
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It’s possible to more than quadruple your income in a few years, and a recent Reddit post proves it. An accountant shared their income history of how they went from $45k/yr as an office manager...
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Giving money to your children can set them up for financial success. Extra funds may make it easier for them to buy a house and work toward other financial objectives. However, giving your children a...
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A Redditor has accumulated $2.2 million in his portfolio. That doesn’t include $500k in a 401k, $3 million in residential rental properties, and $750k in cash. He has also saved $500k in each of...
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The 4% rule is a popular strategy that involves withdrawing 4% of your portfolio each year to cover living expenses. This strategy applies to retirees and can help you gauge how much money you need...
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A Redditor has built an $8 million portfolio after working as a mid-senior in the tech industry for 25 years. He is currently52 years old, walked away from his career a few years ago, and shared the...
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