We're in our 50's and make $500k a year but are getting burnt out with corporate life - how do we get our finances in order to retire?
Briefly

from 24/7 Wall St.1 week ago
"Couples who earn sufficiently to live comfortably without financial worries may face burnout before retirement. Establishing a safety net is crucial for a secure retirement."
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/10/were-in-our-50s-and-make-500k-a-year-but-are-getting-burnt-out-with-corporate-life-how-do-we-get-our-finances-in-order-to-retire/
"A childless couple in their 50s, with $5 million liquid and annual expenditures of $120,000-$140,000, may need to adjust their budgets and consider future medical expenses."
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/10/were-in-our-50s-and-make-500k-a-year-but-are-getting-burnt-out-with-corporate-life-how-do-we-get-our-finances-in-order-to-retire/
"With no debt and strong financial holdings, the couple can explore multiple options, including ramping up their photography business to generate additional income for healthcare."
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/10/were-in-our-50s-and-make-500k-a-year-but-are-getting-burnt-out-with-corporate-life-how-do-we-get-our-finances-in-order-to-retire/
"If planning to retire before 62, tax considerations become vital as they need to ensure that their nest egg can support their lifestyle and cover necessities."
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/10/were-in-our-50s-and-make-500k-a-year-but-are-getting-burnt-out-with-corporate-life-how-do-we-get-our-finances-in-order-to-retire/
Read at 24/7 Wall St.
#retirement-planning #financial-independence #couples-finance #budget-management #income-generation
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