I'm in my late 30s with over $7 million saved for retirement - I still feel like I need more of a cushion though
Briefly

from 24/7 Wall St.3 weeks ago
A Reddit user in their late 30s is considering early retirement with a liquid net worth of $7.8 million, largely invested in broad index funds.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/16/im-in-my-late-30s-with-over-7-million-saved-for-retirement-i-still-feel-like-i-need-more-of-a-cushion-though/
Retirement means different things to different people; some may want to volunteer and enjoy hobbies, while others dream of living glamorously and traveling.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/16/im-in-my-late-30s-with-over-7-million-saved-for-retirement-i-still-feel-like-i-need-more-of-a-cushion-though/
With $7 million in assets, it is feasible to retire early, and a 3.4% withdrawal rate from $7.8 million yields an annual income of $265,000.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/16/im-in-my-late-30s-with-over-7-million-saved-for-retirement-i-still-feel-like-i-need-more-of-a-cushion-though/
Lifestyle choices significantly influence retirement plans; those with significant savings must consider if they want a frugal existence or a lavish one.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/16/im-in-my-late-30s-with-over-7-million-saved-for-retirement-i-still-feel-like-i-need-more-of-a-cushion-though/
Read at 24/7 Wall St.
#retirement-planning #financial-independence #investment-strategies #lifestyle-choices #early-retirement
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