If you’ve been putting off early retirement because you’re worried about running out of money, a new round of retirement spending research is worth your attention. It builds on research from over a decade ago that reshaped how the financial planning industry thinks about retirement spending and the update confirms something important: most people can safely spend more, and spend it sooner, than traditional planning assumptions suggest.

For anyone weighing an earlier exit from the workforce, that’s not a minor footnote. It’s a meaningful shift in how much cushion you actually need before you can comfortably walk away.

Retirement Withdrawal Strategy – https://onlinelibrary.wiley.com/doi/10.1002/cfp2.70032

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