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Episode 3404:
Craig Stephens reflects on his ambitious plan to retire by age 55, beating his father by one year, and the financial realities that threaten that goal. With his children’s college expenses looming in the same year as his intended retirement, he explores the deep impact of generational choices, personal sacrifice, and the ROI of higher education.
Read along with the original article(s) here: https://www.retirebeforedad.com/greatest-risk-to-retirement-goal/
Quotes to ponder:
"I reject the notion that because younger generations are statistically more likely to live longer than our parents, we will need to work longer."
"More than a decade ago when my Dad retired from his teaching career at age 56, I told him my retirement goal was to beat him and stop working at age 55."
"According to a recent study by Alicia H. Munnell at the Center for Retirement Research at Boston College, the average age of retirement for men in the US is 64."
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