Retirement decisions are complex and personal, with financial status being just one factor. A case highlighted in a Reddit post features a 60-year-old physician with just under $7 million in net worth contemplating retirement amidst job stress. They have doubts despite a positive evaluation from their financial advisor. The article emphasizes that retirement readiness is subjective and advises consulting financial professionals for personalized guidance. However, ultimately, individuals must assess their retirement goals to make this significant decision.
The decision to retire is hardly ever an easy one - no matter your age or net worth. But the more money you have, the more comfortable you're apt to feel moving forward with it.
Even though $7 million is a lot of money, I can see why the poster is struggling. But I think they need to figure out what their goals are before deciding if they've saved enough.
A financial advisor can offer guidance, but they can't tell you what to do.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today.
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