Even if you can’t fully retire early, there are still a lot of ways to start drawing down on your work life. We call it semi-retirement, and here’s how you can use it to begin taking it easy well before you hit 67.
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Keep an emergency fund on hand in case you run into unexpected expenses. An emergency fund should be liquid — in an account that isn’t at risk of significant fluctuation like the stock market. The tradeoff is that the value of liquid cash can be eroded by inflation. But a high-interest account allows you to earn compound interest. Compare savings accounts from these banks.
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