SPECIAL REPORT: How to Retire Early — and Make the Most of It

How to Retire Early in Six Steps | Five Things to Know if You're Considering Early Retirement | Is There a Best Day of the Year to Retire? Created for {EMAIL} | [Web Version]( April 19, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( Kiplinger Today [SIGN UP]( ⋅ [SHARE]( [] Top Story [] [How to Retire Early in Six Steps]( [How to Retire Early in Six Steps]( (Getty Images) Early retirement may seem like an impossible dream, but it doesn’t have to be: There are several actions you can take to help you leave work well before age 65. [Follow this checklist]( to set yourself up for a successful early retirement. [] Retirement Planning [] [Five Things to Know if You're Considering Early Retirement]( [Five Things to Know if You're Considering Early Retirement]( (Getty Images) Whether you're facing a layoff or buyout or planning an early exit on your own, it's important to know if you're ready for early retirement. Finanical planner Evan Beach offers five necessary steps to take if you're offered an early exit. Also, [consider our advice on how to handle job insecurity as artificial intelligence roils the labor landscape](. [Attention Income Investors, Learn How to Generate Dividend Yields of 10%]( The average annual return of commercial real estate over 20 years is roughly 9.5%, nearly 1% greater than the S&P 500's average annual return of 8.6%. The CRE Income Fund pays an annual 10% dividend yield and is a long-term strategy that returns over $25,000 for every $10,000 invested over the next ten years. [READ MORE]( ADVERTISEMENT [] Timing [] [Is There a Best Day of the Year to Retire?]( [Is There a Best Day of the Year to Retire?]( (Getty Images) Taking into consideration [the time of the month and the time of the year]( can make a difference in your retirement income. [] Financial Planning [] [Six Financial Actions to Take the Year Before Retirement]( [Six Financial Actions to Take the Year Before Retirement]( (Getty Images) Having your income, health care and tax plans in place before you exit the day job can make it more likely that you'll have a happy retirement. In this article, you'll learn the six critical, and often overlooked, [financial moves retirees should make]( before closing out their careers. [] Retirement Accounts [] [Ways to Avoid the Penalty on Early Retirement Withdrawals]( Sometimes you just can't avoid dipping into a retirement fund. Financial consultant Mike Piershale explains how you might be able to qualify for an exception to the 10% tax penalty. [Read More]( [How to Develop a Dividend Reinvestment Strategy]( Generate $2,000 a month in dividends with a private REIT, specializing in industrial properties. This fund offers a path to create passive income using dividends and compound interest. With 250k at 10% APY discover how to yield $2000/month to help you reach your financial goals. [READ MORE]( ADVERTISEMENT [] Place to Live [] [Before You Retire, Consider These Five Questions]( Thinking ahead about what you'll do, how you'll withdraw from retirement accounts and how you'll manage health care can save you time and money over the long term. Financial planner Mike Palmer poses five questions you should ask yourself before you retire. [Read More]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Kiplinger]( [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:kiplingertoday@smartbrief.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036