Investopedia Feature: How to Use a Brokerage Account to Fund a Micro-Retirement (Without Touching Your 401(k))

We were recently featured in the Investopedia article titled: How to Use a Brokerage Account to Fund a Micro-Retirement (Without Touching Your 401(k))

Article Link: https://www.investopedia.com/using-a-brokerage-account-to-fund-a-micro-retirement-11724016

Here’s some of our quotes:

Plan Early and Invest Strategically

“If you are going all in on the micro-retirement goal, a brokerage account is a smart place to redirect all new retirement savings contributions into,” Maldonado says. He recommends starting as early as possible—ideally five to seven years ahead—and saving more than you think you'll need.

“Add 20% to whatever you think you need to provide a buffer for contingencies,” said Maldonado.

Early on, you can invest for growth. But as your leave date nears, shift your savings into safer assets. “You would most likely want to have your full year of expenses saved up and allocated into stable funds by the time you take a leave of absence,” he says, citing options like a money market fund, T-bills, or high-yield savings accounts.