We're in Our Mid-40s With $4 Million Saved for Retirement. Can We Stop Working?

A $4 million nest egg is substantial, but retiring at 40 could strain your finances, especially with healthcare expenses and longevity risk in retirement.

Utilizing the 4% rule, a $4 million retirement fund could only provide $160,000 a year until your 70s, posing risks for longer lifespans.

Healthcare costs increase substantially before Medicare kicks in, making it vital to evaluate ongoing income needs when considering early retirement.

Instead of full retirement, consider transitioning to enjoyable work to maintain income and engagement rather than withdrawing from the workforce completely.

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