Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?

I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 with no debt. My wife and I…#socialsecurity #medicare #brandonrenfro #cfp #smartadvisormatch #smartreads

Source: Reuters: Health - March 25, 2024 Category: Consumer Health News Source Type: news