Can I retire at 60 with 300k in savings?
Yes, it is possible to retire at 62 with $400,000, but it requires careful financial management. You will need to maintain a disciplined withdrawal rate, stay flexible with your spending, and ensure your investment portfolio is balanced to last for your remaining years. Utilizing Social Security at age 62 will provide additional cash flow, though your monthly benefit will be lower than if you had waited until your full retirement age.
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