I work for a small company and I can only contribute about $4k per year towards my 401k - are there other tax-advantaged accounts I can use?

The Redditor's approach highlights flexibility and liquidity for early retirement, which is exactly what the FIRE community needs. It involves leveraging tax-deferred accounts as a backup for the later years.

Despite accumulating $1.5M+ across retirement accounts, the user largely ignores these in their early retirement strategy, treating tax-deferred savings as an 'insurance policy' for their later years.

I recommend always investing enough in retirement accounts to take advantage of employer matching. Essentially, these matches are free money. Even for high earners, this is an easy way to build wealth.

Tax-deferred accounts can provide peace of mind against market volatility, but using taxable accounts can deliver the liquidity necessary for enjoying an early retirement lifestyle.

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