Can You Afford to Retire at 62? Analyzing Income Sources vs. Expenses
Figuring out the optimal time for retirement involves a detailed analysis of potential income sources against anticipated retirement expenses. For many, the dream is to retire early, but this goal necessitates a thorough financial strategy to ensure long-term security. Let's delve into whether a retirement lifestyle supported by $500,000 in a Roth IRA and $2,000 in monthly Social Security and pension payments is feasible by the age of 62.
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