Ready For Retirement [Case Study] How to Prepare for Early Retirement
For people who are planning to retire early, planning for retirement can be especially daunting.
There are many different points to consider, but the most important is ensuring that your income stream will sustain you for the rest of your life.
Today’s case study examines someone who is looking to retire early so that you can understand what framework and approach to apply to your own situation.
Questions Answered:
What do you do for income when you no longer receive a paycheck?
What sort of strategies do you use for taxes, medicare, withdrawal, etc?
Timestamps:
0:00 Intro
1:11 Today’s question
4:11 Considerations
6:55 Strategy and Expenses
9:34 Recommendations
11:30 Implications
13:27 Are they on track?
18:35 A couple of things you can do
22:22 Adding in Social Security
25:42 Quick thoughts
27:34 Outro
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