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3 Unexpected Problems With Early Retirement
A lot of people push themselves to save money aggressively during their working years so they can kick off retirement ahead of schedule. And if the idea of early retirement sounds good to you, you may be maxing out your 401(k) or IRA in the hopes of pulling it off.But you should know that there are certain challenges you might face as an early retiree. Here are three you should think about carefully before moving forward with those plans.It can be beneficial to save for retirement in an account like a traditional 401(k) or IRA. That way, you can enjoy tax-free contributions and tax-deferred gains.Continue reading
A lot of people push themselves to save money aggressively during their working years so they can kick off retirement ahead of schedule. And if the idea of early retirement sounds good to you, you may be maxing out your 401(k) or IRA in the hopes of pulling it off.
But you should know that there are certain challenges you might face as an early retiree. Here are three you should think about carefully before moving forward with those plans.
It can be beneficial to save for retirement in an account like a traditional 401(k) or IRA. That way, you can enjoy tax-free contributions and tax-deferred gains.
