Ask an Advisor: Is It Realistic to Retire at $3 Million Net Worth With $5K in Monthly Costs?

  • Posted on January 19, 2025
  • By Yahoo News
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Ask an Advisor: Is It Realistic to Retire at $3 Million Net Worth With $5K in Monthly Costs?

I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.
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