How to Retire Early
Retiring early sounds like a dream come true, but it’s important to take a look at the cold, hard facts.
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A growing number of Americans are pushing back the age at which they plan to retire. Or deciding not to retire at all.
It’s an exciting time for American investors. Recent years have seen a boom in Americans investing in the stock market, with Goldman Sachs estimating U.S. households will spend $400 billion on equities in 2021, averaging an eyebrow-raising 44% allocation of their total assets to stocks. Between new technologies (like mobile trading apps) lowering the bar to entry and “meme stock” trends raising awareness, it’s no wonder so many people are waking up to the power and potential of investing.
Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?