We're in our 40s with $9 million in net worth and we think we are ready to retire but we feel anxious

For individuals planning to retire early, having easy access to funds is essential. Relying primarily on 401(k) accounts may hinder financial flexibility during the initial years of retirement.

While 401(k) accounts provide immediate tax benefits, taxable investment accounts can ultimately offer better tax efficiency over time, particularly as individuals need to consider capital gains taxes when planning for early retirement.

The poster, a 35-year-old mother aiming to retire by 45, weighs the importance of balancing her 401(k) contributions with investments that ensure liquidity and flexibility in early retirement.

Achieving early retirement requires careful planning that not only focuses on maximizing traditional retirement accounts but also incorporates strategies for accessing funds during the early years of retirement.

Read at 24/7 Wall St.