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Retirement Blues of Jim
- Jim retired early but quickly felt lost and depressed in retirement.
- He sold his retirement home, causing guilt and distress in the family.
Flaws in Early Retirement Saving
- Saving for retirement early is heavily promoted but flawed advice.
- Investing without knowledge leads to poor returns and wealth stagnation.
Don’t Trust 401(k) Withdrawals
- Avoid relying solely on 401k or retirement accounts for future income.
- Withdrawals are taxed heavily and accounts deplete by old age.