We're in our 50s with a net worth of $5 million and we're not sure if we can retire yet or if we're just being overly cautious

"Retiring in your 50s means needing to stretch your savings longer and having to wait on Medicare, which can complicate your financial planning and health care costs."

"There are certain risks of retiring in your 50s, as you're not close to receiving Social Security and will need to live solely on your savings for a while."

"With careful planning, you can make a large nest egg last an extra decade, easing concerns about running out of funds as you age."

"A smart withdrawal strategy is essential; the couple's substantial savings of $4.2 million could support their early retirement without the fear of financial insecurity."

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