Reported about 1 year ago
A financial advisor advises a couple with $1.45 million in savings, $1 million in rental properties generating $5,000 monthly, and additional investments. The couple, in their 50s and 60s, seeks advice on retiring in 5 years while maintaining a minimalistic lifestyle and considering income sources like rental properties. The advisor emphasizes assessing income needs, preferred lifestyle, risk tolerance, managing investments, and retirement account withdrawals, suggesting seeking a financial advisor to tailor a retirement plan and maximize financial security.
Source: YAHOO