Can I live off the interest of $250,000?
Retiring on $300,000 is possible if you have a realistic view of your expenses and have other income streams. With a strong market performance returning 10–12%, you might generate $30,000 to $36,000 annually, but lower-performing years could drop your income to $24,000 or less. Because this income can be inconsistent and is relatively low compared to typical retirement costs, you would likely need to supplement this with Social Security or part-time work. Relying strictly on the interest of $300,000 is risky because it leaves you vulnerable to market downturns. It is important to treat this as a part of a broader financial strategy that accounts for inflation, taxes, and your specific lifestyle requirements.
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