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How to Retire in Your 30s
Article

How to Retire in Your 30s

Save Most of Your Money and Rethink Your Core Values

Vox, 2015

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Editorial Rating

7

Qualities

  • Applicable
  • Eye Opening
  • Well Structured

Recommendation

For the more than two-thirds of American workers who are dissatisfied with their job, the dream of early retirement usually remains a fantasy. However, to achieve financial independence, you don’t need to win the lottery or come into an inheritance. A growing number of people have found practical ways to quit their jobs in their 40s, 30s or even 20s. Based on interviews with seven people who retired before they turned 40, journalist Danielle Kurtzleben outlines a road map to financial independence – and explains why early retirement requires more than frugality. getAbstract recommends this article to those who are miserable in their well-paying jobs.

Take-Aways

  • Many people could retire quite early – even in their 20s – if they buck the conventional American lifestyle by retooling their spending and saving patterns.
  • Retiring early requires landing a high-paying job early in your career and saving a large portion of your income.
  • Strategies for retiring early include setting a savings goal, slashing expenses and investing your money wisely.

About the Author

Danielle Kurtzleben is a political reporter for NPR’s Washington desk. She has also written for Vox.com and U.S. News and World Report.


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