319. How to Retire Early Without Running Out of Money
Manage episode 525414934 series 3322284
Early retirement is a dream for a lot of people and it can be possible, but only if you plan for it the right way. On this episode of the A Wiser Retirement® Podcast, the conversation tackles what early retirement really means, why so many retirees run out of money, and what steps you can take now to retire sooner without sacrificing long-term security.
Related Podcast Episodes:
Ep 273: How Early Retirement Affects Pilot Benefits
Ep 245: Strategies for Early Retirement and Long-Term Security
Related Financial Education Videos:
DINK Households May be Able to Retire Earlier
How will retiring early impact my Social Security benefit?
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This podcast was produced by Wiser Wealth Management. Thanks for listening!
Chapters
1. Why Early Retirees Run Out Of Money (00:00:00)
2. The Risk Of Retiring Too Soon (00:01:42)
3. Meet The Hosts And Credentials (00:02:00)
4. Defining Early Retirement (00:06:10)
5. Know Your Number And Spending (00:08:20)
6. Withdrawal Rates And Monte Carlo (00:14:00)
7. Building Cash Buckets For Downturns (00:20:05)
8. Income Streams: Dividends, Real Estate, Work (00:24:20)
9. Healthcare Before Medicare (00:27:00)
10. Tax Strategy, Brokerage, And Roth (00:32:00)
11. Asset Location And Spending Order (00:37:30)
12. Key Risks: Longevity And Lifestyle Creep (00:40:00)
319 episodes