Bill Yount and Jackie Cummings Koski both were late starters in the financial independence movement.Bill YountBI spoke to three late starters in the financial independence movement.They started to save and invest in their 40s and 50s and set themselves up for early retirement.Their strategies range from safe investments to living minimally to tight budgeting.Gina Murillo was about to turn 50 and had almost $40,000 in consumer debt, with only $69,000 in her retirement savings.

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BING NEWS:
  • Gen Xers who began their financial independence journeys in their 40s and 50s explain how they're on pace to meet their early retirement goals
    BI spoke to late starters who started to save and invest in their 40s and 50s and set themselves up for financial independence and early retirement.
    06/29/2024 - 10:32 pm | View Link
  • Gen X finally tops boomer 401(k) balances, but will it be enough to retire?
    Balances for Gen X workers who have been saving for 15 years averaged $543,400, or $200 more than boomers’, according to the financial service ... and 14.5% of Gen Xers are making catch-up ...
    06/27/2024 - 1:34 am | View Link
  • Gen X finally tops boomer 401(k) balances, but will it be enough to retire?
    Gen Xers The good news is Gen X still has time. The oldest are around 58, four years from Social Security’s earliest claiming age of 62, and the youngest are in their early 40s, just beginning ...
    06/23/2024 - 12:13 am | View Link
  • Gen Xers are nearing retirement. About half say they need a miracle.
    But many Gen Xers are far from prepared for their golden ... they have squirreled away but in their comprehension of key financial information, according to Natixis, an investment bank.
    06/20/2024 - 12:55 am | View Link
  • Gen X has higher cancer rates than their baby boomer parents
    The forecast doesn’t look good for Gen Xers, who are starting to reach ages when cancers most often appear, say Philip Rosenberg, a biostatistician at U.S. National Cancer Institute in Rockville ...
    06/10/2024 - 12:00 am | View Link
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