In this episode of The Truth About Money, Bruce Weinstein, and Jackie Selby discuss the feasibility of retiring in three years or less. They explore the financial implications of early retirement, including the significant costs associated with health insurance, the importance of life insurance for asset protection, and strategies for managing debt. The conversation also covers the role of Social Security in retirement income, the pros and cons of paying off a mortgage, and how to leverage life insurance for real estate investments. Additionally, they delve into tax benefits associated with real estate and life insurance, the creation of passive income streams, and effective withdrawal strategies for retirement accounts.
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