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11 steps to retire at age 50

US News & World Report -  Money Logo By Coryanne Hicks of US News & World Report - Money | Slide 1 of 13: So you want to retire at 50. Who wouldn’t? If the financial independence, retire early (FIRE) movement is any indication, early retirement is consuming a larger and larger portion of the American psyche. FIRE retirement practitioners aren’t waiting until 65 to retire. Instead, they’re retiring early by achieving financial independence (when your money makes enough money that you no longer need to work) decades before conventional wisdom says they should be able to retire. Here are the 11 steps to financial independence so you can retire at 50.

11 steps to retire at age 50

So you want to retire at 50. Who wouldn’t? If the financial independence, retire early (FIRE) movement is any indication, early retirement is consuming a larger and larger portion of the American psyche. FIRE retirement practitioners aren’t waiting until 65 to retire. Instead, they’re retiring early by achieving financial independence (when your money makes enough money that you no longer need to work) decades before conventional wisdom says they should be able to retire. Here are the 11 steps to financial independence so you can retire at 50.
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