Can You Retire Early? With $475K at 42, You Need a Gap Plan - 601

**Schedule a Free Financial Assessment with an experienced professional:** https://bit.ly/YMYWassessC How do you know if you're really on track to retire, especially if you're hoping to get out early? Fred and Wilma in Denver are 33 and 31, earning a small fortune, but sitting on nearly two million dollars in debt. Should they focus on paying it down faster or saving more? Jeremy, in Summerville, South Carolina, is 42 with a hefty military pension. Is that his green light to go all-in on stocks for the next 20 years? And finally, Saver and Spender in Saratoga Springs, New York are 41 and 42 and hoping an early exit. Can part-time work can carry them through their gap years? Joe Anderson, CFP® and Big Al Clopine, CPA spitball for all of them, today on Your Money, Your Wealth® podcast number 601. **Free Financial Resources in This Episode:** **https://bit.ly/ymyw-601 (full show notes & episode transcript)** **Ultimate Investing Guide - free download:** https://purefinancial.com/white-papers/the-ultimate-investing-guide/?utm\_source=captivate&utm\_medium=podcast&utm\_campaign=whitepaper-ultimate-investing-guide&utm\_content=ymyw-pod-ep601-description-whitepaper **Financial Blueprint - free, self-guided:** https://purefinancial.com/white-papers/the-ultimate-investing-guide/?utm\_source=captivate&utm\_medium=podcast&utm\_campaign=whitepaper-ultimate-investing-guide&utm\_content=ymyw-pod-ep601-description-whitepaper **$1M Retirement Savings: Is It Enough to Retire? - YMYW TV:** https://purefinancial.com/ymyw/episodes/will-your-money-last-through-retirement/?utm\_source=captivate&utm\_medium=podcast&utm\_campaign=ymyw-tv&utm\_content=ymyw-pod-ep601-description-tv-s10e16 **REQUEST your Retirement Spitball Analysis:** https://bit.ly/YMYWaskC **DOWNLOAD more free guides:** https://bit.ly/YMYWguidesC **READ financial blogs:** https://bit.ly/YMYWblogC **WATCH educational videos:** https://bit.ly/YMYWvidsC **SUBSCRIBE to the YMYW Newsletter:** https://bit.ly/YMYWnewsletterC **Connect With Us:** **Subscribe on YouTube and join the conversation in the comments:** https://bit.ly/YMYW-YT **Subscribe or follow YMYW in your favorite podcast app:** https://lnk.to/ymyw **Leave your honest reviews and ratings in Apple Podcasts:** https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254 **Chapters:** 00:00 - Intro: This Week on the YMYW Podcast 01:01 - $1.8M in Debt at 33: Pay It Down or Keep Investing? (Fred & Wilma, Denver, CO) 17:07 - My $97K Military Pension: Can I Go 100% Stocks for 20 Years? (Jeremy, Summerville, SC) 26:49 - Can We Bridge Ages 56 to 62 With Part-Time Work? (Saver & Spender, Saratoga Springs, NY) 40:01 - Outro: Next Week on the YMYW Podcast 41:03 - The Derails: The Flintstones, Project Hail Mary