I'm divorced and have a net worth of $4.5 million - I have to pay alimony for another 7 years. Can I quit my job?
Briefly

from 24/7 Wall St.4 months ago
"Figuring out whether or not you have enough money to retire is simply a matter of knowing your expenses and calculating how long your current savings will last."
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/08/im-divorced-and-have-a-net-worth-of-4-5-million-i-have-to-pay-alimony-for-another-7-years-can-i-quit-my-job/
"Despite making $500,000 to $600,000 a year and having a net worth of $4.5 million, this user is grappling with the emotional toll of being a single parent and the financial struggles of supporting her lifestyle."
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/08/im-divorced-and-have-a-net-worth-of-4-5-million-i-have-to-pay-alimony-for-another-7-years-can-i-quit-my-job/
"Before making any major decisions, consulting with a financial professional who can analyze the situation in detail is important."
24/7 Wall St.https://247wallst.com/personal-finance/2024/10/08/im-divorced-and-have-a-net-worth-of-4-5-million-i-have-to-pay-alimony-for-another-7-years-can-i-quit-my-job/
Read at 24/7 Wall St.
#retirement-planning #financial-advice #high-income-earners #budget-management
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