But that doesn’t mean retiring on $500K is impossible. It just means the math needs to work in your favor. Experts advise withdrawing no more than 5% of your retirement savings in your first ...
While the average savings at retirement age in America is more than $600,000, according to the Federal Reserve Board, a savings of $500,000 can go a long way if you plan wisely and also make some ...
It’s also impressive that you’ve already accumulated some significant savings. In fact, it looks to me like you’re in great shape. While there are many details about your situation that I ...