• 75. Navigating early retirement options and "bridge years"

  • Jun 25 2024
  • Duración: 40 m
  • Podcast

75. Navigating early retirement options and "bridge years"  Por  arte de portada

75. Navigating early retirement options and "bridge years"

  • Resumen

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    In this episode of the 'Coaches, Consultants, and Money' podcast, hosts Erica and Ben Goode delve into key personal financial decisions surrounding early retirement.

    They cover the practicalities of planning for early retirement, including tax-efficient savings strategies, the implications of withdrawing from retirement accounts at different ages, and utilizing credit card points creatively for financial benefit. The episode concludes with tips for financial planning, including consulting with financial advisors, and encouragement for listeners to consider their unique financial situations and goals.

    04:22 Exploring the Concept of Early Retirement

    07:08 The Realities and Strategies of Planning for Retirement

    12:35 Understanding Social Security and Retirement Savings

    17:34 Navigating Early Withdrawals and the Rule of 55

    19:38 Navigating the Rule of 55 with a Solo 401k Plan

    24:10 The Concept of Bridge Years in Retirement Planning

    28:18 Understanding Expenses and Savings for Early Retirement

    37:54 Seeking Professional Financial Advice

    Connect with Erica | LinkedIn | Website | Newsletter

    Connect with Ben | LinkedIn

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