Reported about 1 year ago
Retiring at 55 with $2.5 million is feasible for most people, based on financial factors. Health, lifestyle choices, investment strategies, and taxes can impact retirement plans. An annual income of $100,000 from a $2.5 million nest egg, using the 4% withdrawal rule, can sustain retirement for 30 years. Unexpected costs like healthcare and inflation may affect long-term financial stability. Consulting a financial advisor and smart planning are essential for a secure retirement at 55.
Source: YAHOO