ELI5: Explain Like I'm 5

how to retire early

Retiring early means you'll stop working and get to enjoy life before the age you usually would. To retire early, you'll need to save a lot of money to make sure you have enough money to live on when you retire. You should start by making a budget and finding out how much you need to save each month to retire comfortably. Make sure to put money into a savings account each month and to invest in things like stocks and mutual funds. You'll also want to make sure to avoid taking on too much debt, as that can make it harder to save for retirement. Finally, you may want to look into special retirement accounts like 401(k)s and IRAs so that you can save more money faster and with tax advantages.