I'm 52 with $7.8 million saved - can I retire and send my kids to college?
Briefly

from 24/7 Wall St.3 months ago
The Redditor's situation illustrates that despite having a significant net worth of $7.8 million, the rising costs of college tuition can lead to uncertainty about retirement.
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/19/im-52-with-7-8-million-saved-can-i-retire-and-send-my-kids-to-college/
The dilemma of potentially working another four years just to reach a net worth of $10 million underscores the pressures many face in balancing work, family commitments, and financial goals.
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/19/im-52-with-7-8-million-saved-can-i-retire-and-send-my-kids-to-college/
Even with millions saved, the need to consider living expenses and future obligations, such as college tuition, exemplifies how personal finance is a complex and ongoing challenge.
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/19/im-52-with-7-8-million-saved-can-i-retire-and-send-my-kids-to-college/
The posts on platforms like r/fatFIRE help illuminate the thoughts of individuals who are navigating the challenges of wealth accumulation while planning for family needs.
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/19/im-52-with-7-8-million-saved-can-i-retire-and-send-my-kids-to-college/
Read at 24/7 Wall St.
#personal-finance #wealth-management #college-tuition #retirement-planning #fatfire
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