27.7 C
Ottawa
Monday, May 20, 2024

Help Me Retire: At 55 years old, I will have worked for 30 years — what are the pros and cons of retiring at that age? 

Date:

Help Me Retire


Thank you for reading this post, don't forget to subscribe!

Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com


MarketWatch photo illustration/iStockphoto

Dear MarketWatch, 

I currently own one home, no mortgage with rental income. I own another home that will be paid off the year I turn 55. Both valued at $750,000.  I have a 401(k) and other stocks and investments totaling another $750,000. My debt will be all paid by the year I turn 55.  

I have been on my job for 27 years. It will be 30 years…

know more

Popular

More like this
Related

Gen Z knows it has a debt problem — and it’s getting help for it

Please enable JS and disable any ad blockerknow more

Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.

Please enable JS and disable any ad blockerknow more

Liverpool: Ornstein reveals ‘big coup’ for FSG with Edwards ‘set to’ land ex-Man City man in ‘key role’

Liverpool owners Fenway Sports Group (FSG) are closing in on the appointment of Benfica technical director Pedro Marques, according to David Ornstein. FSG are in the midst of a mass overhaul with the appointment of a new manager the biggest priority of all. Liverpool to land ‘big coup’ from Benfica In January, Jurgen Klopp announced his

Canada is sexy now, thanks to wave of romance books set in unlikely locales

CanadaThe quaint, pastoral setting for Anne of Green Gables...