Goodprovider
Dryer sheet wannabe
- Joined
- Feb 9, 2020
- Messages
- 14
Wondering if retirement right now is doable. Here's my situation:
- 45 years old
- Divorced
- 2 kids who will be college age in 5 years - I pay for half
- Paid-off house worth about 750k
- About 600k in a 401k
- Another 600k in liquid assets
- No debt; net worth is about 1.95 million
- Expenses are about 50k per year.
- Only certain retirement income would be social security, though may be in line for inheritances.
What do you think? Any feedback would be much appreciated.
- 45 years old
- Divorced
- 2 kids who will be college age in 5 years - I pay for half
- Paid-off house worth about 750k
- About 600k in a 401k
- Another 600k in liquid assets
- No debt; net worth is about 1.95 million
- Expenses are about 50k per year.
- Only certain retirement income would be social security, though may be in line for inheritances.
What do you think? Any feedback would be much appreciated.
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