"Mastering the Path to Early Retirement: 12 Steps and Money Moves You Can't Miss"

Experts emphasize the importance of early retirement planning to ensure a comfortable future. Bank of America's 12-step guide provides advice for each stage of life, including taking advantage of employer-sponsored retirement plans, saving more in tax-advantaged accounts, setting up legal documents, estimating future lifestyle costs, understanding income sources during retirement, recognizing potential risks, planning for legacy and wealth transfer, understanding healthcare costs, deciding on a Social Security withdrawal strategy, staying up to date with required minimum distributions, and regularly reviewing financial matters. The goal is to have a well-rounded financial plan that covers essential and discretionary expenses and provides protected income to meet basic monthly needs.