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Social Security

Another idea for making investments for early retirement planning is to deal with social security early, and more than anything you want to make sure that you do not retire too early. This is actually one of the most common mistakes that people make when it comes to retirement, and so you want to make sure that you do not get too eager here.

Your social security payout is based off of your average salary made in your best 35 years of work. If you retire before you can get in thirty five years there will be zeros averaged in which may drastically lower your payout.

Try to make sure you work as long as possible in order to get the most out of your social security for early retirement planning.

Other good things to do with your money:



Savings Bonds

  Monday, December 23, 2019 at 4:27:38 PM

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