How to Protect Your Finances If You Need to Retire Early

#Morningstar #RetireEarly #RetirementInvesting These strategies can help you prepare for the unexpected. Don’t Count on Dividend Stocks Alone for Retirement Income https://www.morningstar.com/retiremen... 00:00 Introduction 00:17 Why People Often Retire Earlier Than Planned 01:45 How Cash Reserves Can Protect Your Financial Plan in an Earlier Than Expected Retirement 03:00 How Much Is Enough for Retirees to Hold in Cash? 03:34 How Bonds and Home Equity Can Help Cover Cash Flow Needs in Retirement 04:52 Why Investors Closer to Retirement Should Add More Fixed Income 06:03 How Lifestyle Changes Can Help With Retirement Costs 07:13 How Gradually Transitioning From Work to Retirement Can Help Your Retirement Portfolio’s Longevity 08:44 Why You Shouldn’t Claim Social Security Before You Have To Watch more from Morningstar: Your Investment Portfolio Is Probably Riskier Than You Think    • Your Investment Portfolio Is Probably Risk...   5 Investments You Don’t Really Need    • 5 Investments You Don’t Really Need   What Interest Rate Cuts Mean for Your Retirement Portfolio    • What Interest Rate Cuts Mean for Your Reti...   Follow Morningstar on social: Facebook:   / morningstarinc   X: https://x.com/MorningstarInc Instagram https://www.instagram.com/morningstar... LinkedIn:   / 5161