A 52-year-old Reddit user is pondering retirement, particularly once their youngest child secures health insurance coverage. With a net worth of $10 million, including substantial investments and assets, they are in a desirable financial position. However, concerns about generating reliable income and managing healthcare costs linger. To address their apprehensions, it's recommended to assess financial readiness carefully, including detailed budgeting and investment planning. The user is already working with a certified financial planner, which is a positive step toward addressing income stability and lifestyle planning post-retirement.
For anyone considering retirement, especially early retirement, it's essential to run the numbers to ensure investments will adequately support their desired lifestyle.
With a net worth of around $10 million and close to $9 million invested, the Reddit user is in a solid financial position to support himself.
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