Early retirement is difficult even with over $1,000,000 in savings. What about with half that?

The average retirement age in the U.S. is 62.

But if you reach your goal early — say, by age 50 — should you retire immediately? Experienced financial planners will likely point out that the size of your portfolio and retirement savings is only ...

What happens when you reach 55? For many, this watershed year marks their buyout or downsizing of a company — meaning retirement. But, Postpandemically, could you survive? If you are... What happens ...

The couple has $3M in savings plus $85K in annual teacher pensions that together exceed their projected spending needs. Upcoming major expenses include a $300K home upgrade and two weddings but their ...

Learn the early retirement withdrawal rules that allow you to access retirement funds before age 59½ without penalties, including the Rule of 72(t) and the Rule of 55, and how to use them wisely.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Retiring at 55 can feel like crossing a finish line, but ...

Many high earners delay retirement despite having sufficient wealth due to identity attachment and loss aversion. The poster saved twice his retirement target by 55 but delayed to 57 chasing $6M more.

That’s not a coincidence, but a side effect of bureaucracy. Sixty-two happens to be the earliest age a person is eligible to claim Social Security benefits. Delaying retirement would maximize the size ...