Reported 12 months ago
A couple aged 56 and 54 from Pennsylvania with a $450,000 annual income and a $5.1 million portfolio is considering early retirement in a high-cost-of-living area with their 14-year-old child. Forum members discussed the couple's financial situation, which includes a 55/30/15% asset allocation and projected Social Security benefits. Recommendations included potentially adjusting their investment allocation, planning for healthcare and college expenses, and remaining flexible in spending for a successful retirement. Overall, the couple appears well-prepared for early retirement with ongoing financial management and advice from a financial advisor.
Source: YAHOO