Can You Shorten Your Working Years? - 447
Your Money, Your Wealth
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Financial Independence, Retiring Early, and Social Security
This chapter explores the concept of financial independence and retiring early (FIRE) and discusses the implications of claiming Social Security benefits at different ages. The speakers analyze various scenarios and calculations to determine potential benefits and trade-offs, including the choice between a lump sum or annuity payment. They also consider factors like investment strategy, inflation, and the need for longevity insurance.
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