I Ran the Numbers on Retiring 5 Years Early With VOO. Here's What Changed My Mind.

An analysis comparing two retirement scenarios shows that working an extra five years before retiring at 65 instead of 60 significantly increases financial flexibility. Starting with $1.2 million at age 60, retiring immediately yields $48,000 annually, while continuing to work and contribute $2,000 monthly grows the portfolio to $1.6 million by 65, generating $64,000 annually. The author concludes that the additional years of compounding and contributions provide substantially better financial security for a potentially 25+ year retirement.