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Lee Harrison never thought he’d retire at the age of 49 – 13 years earlier than when he had planned. He definitely didn’t expect that he’d be retired in Ecuador of all places. But at 70, he’s happier than ever with his decision, he said. 

“My father worked until he was 62, which I thought was great and my idea of early retirement at the time,” he told USA TODAY.

In his late 40s, Harrison was working in New York as a writer, and his wife, Julie, was a project manager at an energy company. While he didn’t have a lot of savings, he worked at a company that offered an early retirement package with a pension when you …….

As the U.S. economy teeters on the brink of a recession, you may be wondering how you can create a retirement income portfolio that will stand the test of time. Like many other pre-retirees or retirees, you were probably spooked by the stock market in 2022.

If your retirement income strategy involves yearly withdrawals from your investment portfolio to fund your lifestyle, a stock market decline like this one can negatively impact you. That’s because withdrawals on top of market declines can permanently impair your nest egg. That could mean reducing your lifestyle to avoid running out of money.

One way around this dile…….