We're in our mid-50s and are considering early retirement - do we have enough saved to keep spending over $300k per year?

Despite having a $15 million nest egg, the Reddit user spends $350,000 annually, raising concerns about the sustainability of his lifestyle in retirement.

Experts recommend keeping withdrawals to around 3.7% of retirement plan balances, which would suggest this individual may need to reconsider his retirement timing, especially with high annual spending.

Read at 24/7 Wall St.