How to Use the Rule of 55 to Fund An Early Retirement

And, why I recommend the Apple credit card. Created for {EMAIL} | [Web Version]( October 24, 2024 FOLLOW US:  [LinkedIn]( [Facebook]( [Instagram]( [A Step Ahead]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] INTRODUCTION [] [Stepping Into The Rule of 55]( Early retirement is quickly becoming part of the New American Dream; 30% of millennials expect to retire between the ages of 51 and 60. Better healthcare and longer life expectancies have fueled an early retirement movement that stresses financial freedom and the pursuit of the purpose of enjoyment outside of work. These aspiring retirees have no intention to go gently into that good night. Kiplinger contributor Jacob Schroeder explains [how the Rule of 55 works and how it could help fund your early retirement plans](. - Donna LeValley, personal finance writer [4 Options to Manage an Old Retirement Account]( Starting a new job can be exciting. An important aspect of your transition is deciding what to do with your 401(k) plan. 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[Explore the Perks]( [Crunching the Numbers: Pay Off Mortgage or Invest?]( The decision to pay off your mortgage early or invest can be complex. Uncover the financial implications and personal considerations that could help you decide which path is right for you. [READ MORE]( ADVERTISEMENT [] OTHER KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [Best States to Buy Chocolate Candy Tax-Free]( There’s something spooky this Halloween and it’s not just the ghouls. Find out if your state’s sales tax takes a bite out of sweet savings. [Electing to Be an S Corporation: Benefits You Need to Know]( Entrepreneurs who meet the requirements and choose to be an S corporation could see lower taxes and experience several other advantages. [A Financial Guide to Gray Divorce for Women]( Older women deal with many of the same issues as their younger counterparts but face additional challenges, some unexpected during a gray divorce. 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