Key Takeaways The average 401(k) balance for people in their 40s is $407,675, while the median is $162,143.For people in their 50s, the balance jumps to $622,566 and $251,758, respectively.Thoughtful ...

When you stop working years before most people, you’re not just retiring early — you’re signing up for an unusually long ...

When you retire early, you stop contributing to retirement savings, whether it's a 401k or IRA, and you'll need that money to last longer. Inflation and unforeseen expenses can derail the best-laid ...

Discover how much you need to retire early and smart investment strategies to achieve it. Click for more on a strategy and ...

If you’re contemplating retirement, whether or not it’s early, it’s important that you anticipate higher costs in the coming ...

Americans, in general, remain deeply wedded to the notion that work should end early and embrace retiring as soon as possible ...

Retiring early can take some planning but it's not impossible. Find out what steps you can take to get there and some things ...

If your employer's offer includes medical insurance, make sure it's affordable and provides adequate coverage. Also, since Medicare doesn't start until you're 65, make sure your employer's coverage ...

Leaving the workforce decades ahead of schedule sounds like freedom. Yet, behind the glossy idea of early retirement are ...

I have always said that asset accumulation is easy but the true difficulty is in asset distribution. There is no single plan ...

Working a few more years, even part-time or casual, is one of the most powerful levers you can pull for more financial ...

This is why the traditional 4% rule might not work for early retirees. The rule also overlooks other important factors such ...