Think about it. Imagine you retire with $2 million at age 65 and live until 90. That means you can spread that sum out over 25 years. If you retire at 55, that same sum will need to last 35 years. And ...

If you have your MRA +10 years of service, but don’t qualify for an immediate pension yet, you may lose your FEHB plan until your pension picks back up at 62. Health insurance can be a ...

The idea of paying for health coverage has me very worried ... Some of my friends have started to talk seriously about early retirement. And I have a few who may be in a decent position to pull it off ...

There’s a widespread rule of thumb that retirees need about 70% to 80% of their pre-retirement income. However, this ...

Retiring early can affect your retirement income in a few different ways. For one, retiring early means you must stretch your ...

Jamal Robinson retired at 39 and now has a $3.6 million nest egg. Here’s what he’s learned about early retirement.

Some of my friends have started to talk seriously about early retirement. And I have a few who may be in a decent position ... Having to put health coverage in place Healthcare is one of the ...

accounts — the cost of health insurance can set you back. That’s why instead of a full-fledged early retirement you may want to consider a phased retirement if you’re feeling burned out on ...

Additionally, Shaffer said, retirees may be tempted to spend more on hobbies, dining out or bucket-list experiences, especially in the early ... rising retirement costs is health care.

Once they stop working, they may lose that sense ... travel and prioritizing his health and wellness. Overall, as much as Robinson is proud of his early retirement, he says it's "important for ...