How to Retire Early with Your 401k Retirement Savings Plan

After my parents moved to Florida in the mid-1980s, Mom and Dad would send us the job ads from the Sunday newspaper. In one letter, Mom circled an ad that she thought was perfect. “Look at this one,” she wrote. “It pays $401,000.” On closer inspection, we realized the job offered a 401k retirement savings plan, not a $401,000 salary. (more…)