Mon Feb 24 2025, by Tyler Gardner

How I'd Retire by 50 Without Worrying About Money

Here’s exactly how I’d retire by 50 years old without ever having to worry about money again. I'm Tyler, a former financial advisor and portfolio manager, and I create financial content for free to help guide you in your investment decisions.

1. Invest in Tax-Advantaged Accounts

I’d start by investing at least 50% of my income in tax-advantaged accounts such as Roth IRAs, SEP IRAs, 401(k)s, and HSAs. Why? Because every dollar that I don’t pay in taxes today is an extra dollar that compounds for me for decades.

2. Focus on Stocks

Next, I’d keep 100% of this money in these accounts invested in stocks. No bonds, no real estate, no nonsense. Stocks have outpaced every other asset class over the long run. And just to clarify, no, crypto is not an asset class nor has it come close to proving itself over the long term.

3. Create Multiple Income Streams

Finally, I’d make sure I had at least three to five different streams of income. The average millionaire has seven income streams, while most people trying to retire early want to rely on just one. That’s a mistake. Potential income sources include dividend stocks, rental income, small business revenue, and intellectual property. It doesn’t have to be much, but it does need to exist.

Even if I had retired at the peak of the dot-com bubble, data shows that with the right withdrawal strategy, I still would have outperformed 99% of investors who tried to play it safe.

If this is helpful, please like and follow, and I’ll keep trying to get you one step closer to where you need to be.

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