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She retired at 28 with $2.25 million

9 years 3 months ago
Millennials are the first generation to shun traditional retirement and seek financial freedom instead -- when income from savings is enough to cover expenses, and working becomes a choice, often long before the age of 65. Becoming financially independent and retiring early, a process known as FIRE, can be achieved at any income level by saving a high percentage of your salary, or cutting your expenses -- or both. CNNMoney profiles people who've reached financial independence early and on their own terms.

Stocks are too risky, bonds pay too little. Where do I invest?

9 years 3 months ago
I'm 64 and would like to retire. Problem is, if I invest in stocks I risk losing money to a huge correction, and if I invest in safe fixed-income investments I earn only 1% to 2%. Either way, retirement seems elusive, if not impossible. What's someone in my situation to do?--Jim
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4 minutes 15 seconds ago
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