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Wed, Feb 7, 2024 03:05 PM
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Why wait for 70? Explore your options for an earlier, smarter retirement. Hi {NAME}, Ever caught you
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Why wait for 70? Explore your options for an earlier, smarter retirement. [image]() Hi {NAME}, Ever caught yourself daydreaming about the retirement finish line, only to be jolted back by news of the retirement age being raised? That’s exactly what’s happening as whispers turn into serious conversations about raising the retirement age to 70. For many of us, especially those with a hefty nest egg in IRAs or 401ks, the current retirement age already feels distant. Add a few more years? That's not just delaying retirement; it's reshaping our entire retirement strategy. Why does this matter to you? Taking your money out early from your IRA or 401k accounts means facing a 10% penalty. For someone with millions in these accounts, we’re talking about a significant financial hit. And let’s not forget, the U.S. doesn’t shy away from taxing your pension, no matter where in the world you decide to spend your retirement years. For our Nomad Capitalist community, this isn't just about numbers on a page; it's about lifestyle, freedom, and making the most of your wealth. Countries with retiree-friendly visas, like Mexico, offer a glimpse of what's possible when you're not tethered to a moving target for retirement. And here's the silver lining – you have options. Retirement planning isn't just about stashing cash; it's about strategic moves that align with your vision of freedom. As the debate around raising the retirement age unfolds, remember this: Your retirement is yours to define. It might mean adjusting your sails, but for those with a map and the right compass, the journey can be just as rewarding as the destination. So, what's your move? Will you stick to the script, waiting for permission to enjoy what you’ve worked so hard for? Or will you take the reins now, crafting a retirement plan that starts on your terms, not when the government says so? The choice is yours, and the world is wide open. Your best years await, and they're too precious to be postponed. [Let’s talk]( about making your retirement years truly golden, without the wait or the penalties. In Freedom and Prosperity, The Nomad Capitalist Team = = [Update Email Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623
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