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
- 1 Views
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.