Download Complete Idiot's Guide to Retiring Early by Dee Lee PDF

By Dee Lee

ISBN-10: 0028640128

ISBN-13: 9780028640129

Retirement advisor for normal those who wish to take and early retirement and luxuriate in lifestyles. deals easy-to-follow steps for settling on how much cash might want to be stored, and the way to make it stretch as lengthy, and much, as attainable. Softcover.

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They’ve been there, and many are willing to talk about their experience if it would help another person. A Nugget of Gold There’s no free lunch. Any professional in any field is in business to make money. Whether you want medical, legal, or financial advice, be prepared to pay well for quality. But do your homework first. Ask friends and co-workers who they use and how satisfied they are. org ➤ The National Fraud Exchange, at 1-800-822-0416 (no Web site yet) Then make an introductory appointment and interview the person for the job.

Retirement is particularly stressful for men. They often define their lives through work, whereas many women divide their energies (and identity) among pursuing a career, raising children, and maintaining the household. Just because these are stereotypes doesn’t mean that they aren’t true in many households. 26 Chapter 3 ➤ Exploring the Issues Single early retirees don’t even have the contact with another person at home. Are your friends still working? Find new playmates. That makes it imperative to plan some of your activities outside the home with other people.

Fortunately, Donna and Charley still have their retirement-plan money that they’ll begin drawing at age 70. They can keep the $130,000 or so left in their taxable account for an emergency and cash cushion. 6 million by age 70. That means that the $535,000 they had there when they retired at age 50 must average a 10 percent annual return for the next 20 years. Potholes Never forget the taxman because he’ll never forget you. When you’re living off interest, dividends, and some capital gains, the taxes count.

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