early retirement

Retiring early could be a dream for many. Allison Esposito Medina was one of many who was able to retire early. Before re-entering the workforce years later, Medina wanted to make sure that she focused on a work-life balance that fit her new lifestyle. What Happened: Medina lasted only five months...

An early retiree found himself cash-poor despite having $2.4 million in his 401(k) account. What Happened: In his early 20s, Eric Cooper received advice to maximize his 401(k) contributions, which he followed diligently throughout his 25-year career. By the time he retired at 48, he had accumulated...

Sam Dogen, a leading figure in the FIRE movement and founder of Financial Samurai, highlights a critical oversight many early retirees make: failing to account for life's unpredictable changes. Underestimating future living costs and lifestyle shifts can lead to financial strain, especially...

For many workers around the world, the dream may be to earn enough to retire early. One early retiree shared their story of lasting only five months before heading back into the workforce. What Happened: Allison Esposito Medina sold her company Tech Ladies in 2021, which came after a decade working...

One woman's path to financial freedom is a remarkable example of determination and strategic financial planning. What Happened: Lakisha Simmons, a 41-year-old single mother, began working at 14. Over the years, she always viewed employment as a means to ensure financial security. Her decision...

Retiring early is a goal many aspire to, but the journey is often riddled with financial missteps and lessons learned. While Alex Trias, 53, did manage to retire ahead of the traditional age, he tells CNBC that had it not been for a few decisions he made in his 20s, he could have achieved financial...

At a young age, many dream of financial freedom and early retirement, but few take decisive steps toward realizing this goal. Ethan Nguonly, a 22-year-old software engineer, is not just dreaming but actively working towards a future unburdened by financial constraints, a journey he initiated even...

Aiming to secure a robust financial future, the combination of earning well, spending wisely and retiring early can be a powerful financial strategy.  Minneapolis-based Tanner Firl and his wife Isabel follow this principle when they set up their financial goals.  Speaking...

With Andrew Luck’s surprise announcement this weekend that he would retire as the Indianapolis Colts quarterback at age 29, seemingly in the prime of his career despite struggles with injuries, let’s look at other athletes who left in their prime. Sandy Koufax Koufax, considered one of...

When considering early retirement, it is beneficial to understand how subjective the term has become. Ruth Davis Konigsberg reports in Time that the median age for retirement has not stayed constant over the last two generations. She writes, “Over the last century, the retirement age has...