I'm 63, Have $1.6 Million, and Spend $4,500 Monthly. Is It Time to Retire?

With a $1.6 million net worth and $4,500 in monthly expenses, retiring at 63 is a possibility, but quite a bit of that depends on your circumstances. The income your net worth will generate depends first on how much of it is in the form of liquid assets. Your personal risk tolerance is another key […] The post I'm 63 With a $1.6 Million Net Worth and $4,500 in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.