Early Retirement Estimator
Let's say you will one day be able to live off your monthly social secuity
check, pension check or what have you, with no problems -- your "regular"
retirement age. For most people this is around the age of 67, or as early
as age 62 for (reduced) early social security checks. Well and good.
But let's also say you have been saving some money on the side, or have
come across a windfall, and have a chunk of change.
Could you quit your job and spend that money down between now and your
"regular" retirement age? To, in effect, retire early?
That chunk of cash would just have to last until age 62, or 65, or 67
-- whenever your regular retirement checks would start coming in.
How much would that lump sum you have saved up give you each month to live
on until then?
Check below!
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