I'm 55 With $2 Million And $6k In Monthly Expenses. Can I Retire Now?

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Sat, 05/11/2024 - 4:00pm

I'm 55 With $2 Million and $6k in Monthly Expenses. Can I Retire Now?

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Sections: u.s.

Topics: West Virginia Raleigh County Beckley

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I'm 55 With $2 Million and $6k in Monthly Expenses. Can I Retire Now?
Retiring early raises a series of questions around both income and spending. You will need to manage your portfolio for longer-term drawdowns, an early end to new earnings, and a long wait for Social ...
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I'm 55 With $2 Million and $6k in Monthly Expenses. Can I Retire Now?
Because at 5% inflation, monthly expenses rise to $6,300 per month, or $50 less than you need," Marolia said. This isn't a dealbreaker, you still have enough money saved up to manage this risk ...
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