Chris J. walked away from his corporate job in Charlotte at age 54 with enough savings to never work again. While his friends were still grinding through their peak earning years, Chris was planning his first retirement trip to Chania, Greece. Trending Now: ‘You’ll Run Out of Money in 20 Years’ — Why Retirees Are Rethinking Their Savings Strategy For You: 7 Luxury SUVs That Will Become Affordable in 2025 His early retirement didn’t happen by accident or lottery winnings. Chris followed eight specific rule ...

Individual retirement accounts (IRAs) are one of the most popular ways to save for retirement. Opening one and making contributions can feel like you’re on the right track to securing your future. However, many people discover later that simply setting up an IRA isn’t enough and small missteps along the way can lead to costly regrets. See Next: I’m a Financial Expert: This is the No. 1 Mistake Americans Make With Their Roth IRAs For You: Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has ...