Reported 8 months ago
A 60-year-old individual seeks advice on retiring with $1.1 million in liquid cash, $880,000 in a 401(k), and several pensions, including future Social Security benefits. The decision to retire depends on various factors such as expenses in retirement, sources of income like pensions and Social Security, savings withdrawals, risk tolerance, and investment choices. Seeking help from a financial advisor is recommended for personalized retirement planning.
Source: YAHOO