So, I'm obviously a newbie to this concept, though not to the saving part. We are good savers, though not as good as we used to be. Wanting to get back to that and implement more of an actual plan.
My question is about how most of you save. If you are aiming for "early" retirement, does this mean that you forgo the traditional routes of saving, such as 401k and Roth IRA, for other investment strategies?
Or is the strategy to first max out those to a certain point for "true" retirement age, then aim for saving for early retirement? And, if so, how do you know when to switch from the traditional/401k/Roth savings to the "early" retirement saving? How do you figure out that magic number of "enough" in your retirement account?
Thanks!
Julie