A Redditor, age 45, contemplates leaving his $150k job with $1.2 million in investments and a pension that provides $4k monthly. Although his finances look promising, retiring too early poses significant risks due to potential rising costs and unforeseen medical expenses. His military pension supports a budget that only requires a $4k monthly withdrawal, making retirement alluring. However, with a stable income from his wife and no children, the couple is in a unique position to consider financial advice for better planning before making a retirement decision.
The Redditor is considering leaving his $150k corporate job at 45, with a $1.2 million investment portfolio and a $4k monthly pension.
While the user is financially stable, retiring too early could jeopardize his future, particularly regarding unexpected expenses and medical costs.
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