Early retirement strategies

Early retirement strategies involve planning and saving in advance to withdraw from work before the traditional retirement age. This can include maximizing contributions to retirement accounts like 401(k)s or IRAs, reducing expenses, and investing wisely to grow your savings. Some also focus on developing multiple income streams or passive income sources to support early financial independence. The key is disciplined financial planning, understanding long-term costs, and ensuring your investments are aligned with your goals to maintain a comfortable lifestyle well before standard retirement age.