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Reply to "if you were able to retire early (55-62) how did you do it"
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[quote=Anonymous][quote=Anonymous]I’m 56 and retiring next year. Husband is as well. We could probably both quit now, but I think I need a little time to mentally transition first. How? A mix of smart budgeting and living below our means, investing, taking advantage of above-average employer matches to retirement funds, and some good fortune as it relates to our home purchases and appreciation. We also have a financial advisor who has helped develop a plan that minimizes tax burden and accounts for our insurance needs until 65.[/quote] Same, both of us fully retired at 57 when kids graduated college/launched. FIRE = paid off house + max retirement/401 fund[/quote]
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