"It's important for the couple to focus on their own needs and not just their child's financial future. Striking a balance is crucial."
"The wife feels guilty about retiring while their child is still establishing his career, reflecting on their need to balance personal and family finances."
A couple with a net worth of $8.1 million is considering retirement at 48 but faces a dilemma. The husband believes they can retire comfortably as their child is set up financially, while the wife feels guilt about leaving their lucrative careers. They have a child in college who is graduating debt-free and starting with a stock portfolio worth $250,000. The wife worries they might miss the chance to provide even more financial support during their prime earning years. Ultimately, they need to prioritize their own needs and find a balance.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]