Considering Retirement at 62 with $1.75M Savings and Social Security

Reported 2 months ago

At age 62, with $1.75 million in savings and Social Security, retirement may seem feasible. However, it's crucial to assess your financial situation, including emergency funds, debts, and lifestyle spending habits. Consulting a financial advisor can help you understand your Social Security benefits and create a diversified investment strategy tailored to your risk tolerance. Ultimately, while you could likely retire now, whether you should depends on your specific needs and expectations.

Source: YAHOO

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