How Retirees Can Prosper in a Low Interest Rate Environment
If you pick up a book about retirement from the ’80s, you’ll probably see a recommendation to park all your funds in government bonds and get yourself to the beach for a relaxing few decades of mai tais and warm sand. That’s because, until recently, the interest rate in the U.S. has been a healthy 8%–10% or more.
Today it’s a different story.
6 Steady Fixed-Income Plays… Even If You Retire Early!
As younger people are wising up about their money — determined not to make the same kinds of mistakes their parents and even grandparents made — they may get to face an exciting prospect: early retirement. In fact, I retired at age 28 with more than $2 million!
How I Retired at Age 28 With Over $2 Million: A 4-Step Blueprint
My name is JP Livingston, and I retired in New York City at age 28 with $2.25 million. When Investor Junkie asked me to write a story about how I did it, I was delighted.
The average retirement age in the United States is 63, and the median total net worth accumulated by a retiree after working for over 40 years is $175,000. I think in this age of opportunity, many of us can do better than that, and I’d like to share the framework I personally used to get there.