7 Moves If You Want To Retire Early

Last updated Jun 26, 2021 | By FinanceBuzz Editors

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Early retirement? That’s the good life. Imagine waking up every morning able to do whatever you want — without having to go to work!

While you might think early retirement is little more than a passing dream, we don't think so. What if you could retire early… without a 6-figure salary or working any harder? What if you could avoid working during your golden years and spend your time doing only what you love?

Call us crazy, but we think it’s actually possible. The secret? Work smarter, not harder. With a few simple tricks to help you invest, save money, and avoid unnecessary expenses, retiring early could be a reality for you. 

Stop overpaying for car insurance in Virginia

Car insurance can be one of your biggest monthly expenses so it's important to make sure you're not overpaying, especially when comparing premiums only takes a few minutes. Any money you save can be invested toward your financial goals.

FinanceBuzz has made it easy to search and compare quotes. Think of it as Kayak, but for car insurance.

They can help match you to insurance carriers and regional agencies to help you save on your car insurance. FinanceBuzz can save drivers up to $500 per year compared to their current insurance premiums.

It takes less than 5 minutes to fill out the form and you’ll receive a list of matches that show you online, email, and potentially phone quotes.

Click here to get started

Get $10 to Start Investing in Tesla, Apple, Amazon, and Other Companies

An important first step towards early retirement can be to come up with an investing strategy. Even if you decide not to invest a lot of money, you don't have to let that stop you from getting started — you can start investing with $5 or less.

Stash was built to help beginner investors get started. You can buy fractional shares (partial shares) in companies that are household names like Apple, Google, Amazon, and more1. Normally a single share of these companies could cost hundreds or even thousands of dollars, but you only need as little as $5 to get started with Stash.

You can consider opening an IRA so that you can enjoy the tax benefits that come with these retirement accounts. Stash also offers tools and guidance to help you along the way.

As a bonus, Stash will give you $10 to invest after you deposit $5 or more into your personal portfolio.4

Want even more tools and guidance? If you choose the Stash+ plan5 when signing up, you can earn 2x stock rewards when you spend on eligible purchases!2

Sign up for Stash now

Stop overpaying when you shop online

Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.

Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, they will automatically add the best coupon code in their extensive database to help you save cash. And before you check out at favorite stores like Amazon, Target, Home Depot, and Best Buy, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.

Capital One Shopping is free to use and will never show you ads. Add it today and stop overpaying!3

Get Capital One Shopping now

Refinance your home while interest rates are at historic lows

One of your biggest monthly expenses is probably your mortgage. So much of your hard-earned money goes to paying for it every month. But what if there was a way to lower your monthly mortgage payment... or even pay it off faster?

If your credit score is good or excellent, you might qualify to save money on your mortgage by comparing lenders and switching by using Lower My Bills.

Just answer a few simple questions about your home and finances, and Lower My Bills will try to match you with lenders who could help you refinance. Filling out the form takes less than 3 minutes, and it won't affect your credit.

Save on your mortgage

Leave your family up to $1,500,000 (starting at just $10/month)

If you're young and healthy, you might not be thinking about term life insurance yet, but you should be. Life insurance companies look at a number of factors including your age, health, and weight to determine the rate you'll pay for coverage. Generally, the younger and healthier you are, the lower the rate.

Bestow can help you find term life insurance policies with up to $1.5 million in coverage starting at just $10/month. You can apply online and get a decision in just five minutes. The best part: you might not even need to take a medical exam.

If you are between 18 and 59 years old, have never had a felony, and are generally in good health, get a free quote today.

Get a quote from Bestow now

Invest in paintings by Basquiat, Picasso, Banksy

The ultra-wealthy have been flipping art for huge profits for decades and now non-millionaires can get in on the action. Masterworks is a platform for investing in blue-chip art, an asset class that’s outperformed the S&P 500 by over 180% between 2000-2018.

Masterworks purchases multi-million-dollar paintings and divides up ownership among its members. Just like stock in a company, you can own fractional shares of artwork. If the painting sells, you make money off the appreciation.

While Masterworks requires a $5,000 account minimum to get started, you can invest as little as $20 in each work.

Skip The Waitlist: Use our link to get exclusive access to bypass the 25,000 person waitlist!

Click here to get started

Borrow up to $50,000 and crush your debt

Sometimes you just need a little extra cash. Whether it’s to pay for an unexpected emergency (like medical bills) or to fund a purchase you didn’t see coming, a personal loan could help.

This personal loan from Figure lets you borrow up to $50,000 to do just that — all from the comfort of your home. The application process is quick, convenient, and 100% online. You could get approved in minutes, with funding in as little as two days.

Just answer a few questions about yourself and in a couple of clicks, Figure will provide your prequalification rate. Figure has even been featured by Forbes, Bloomberg, and the New York Times, so you know you’re in good hands.

P.S.: Getting pre-qualified doesn’t affect your credit score, but a minimum credit score of 680 is required to be approved.

See your rates

Stash Benefits

  • Get $10 to make your first investment
  • Invest in stocks, bonds, and ETFs
  • Fractional shares available
  • Start investing with just $1

Author Details

FinanceBuzz Editors The editors at FinanceBuzz are a team of personal finance professionals dedicated to providing readers with accurate, helpful advice.