How to Retire on $500K In Your 50’s or 60’s
Yes, it’s possible to retire on $500K in your 50’s and 60’s. Here’s how to do it safely and stretch your dollars as much as possible.
Question: Is it possible to retire on $500K (i.e. $500,000) in your 50’s and 60’s?
Unfortunately, not all of us are great savers. Most financial articles will recommend that you’ll need at least $1 to $2 million dollars in savings before you can even consider retirement.
Source: How to Retire on $500K In Your 50’s or 60’s – My Money Design
My Comments: Pretty good advice here.