Looking for some thoughts on a early retirement. If you can give me some advise I would appreciate you assistance.
56year old about to retire
I have almost 600k in the bank and 300 of that is making 4% the rest is making nothing as usual.
I have a house that I owe 45k on
Have a retirement income of 195k yearly and that is after taxes.
Can you survive on that.
Like to buy an RV and travel. Currently have about 10k in bills each month.
As soon as the house is paid off I will be sitting nice I think. Any thoughts would be appreciated. Thank you
56year old about to retire
I have almost 600k in the bank and 300 of that is making 4% the rest is making nothing as usual.
I have a house that I owe 45k on
Have a retirement income of 195k yearly and that is after taxes.
Can you survive on that.
Like to buy an RV and travel. Currently have about 10k in bills each month.
As soon as the house is paid off I will be sitting nice I think. Any thoughts would be appreciated. Thank you