$4 Million Bucks Will Buy You This Type of Retirement If You Stop Working at 55

Is $4 Million Enough to Retire on at 55?

A $4 million nest egg will likely allow you to retire comfortably at age 55. The major challenge will be accumulating that much capital by 55  about a decade before most people stop working. Other issues include the need to pay for private health insurance, a wait of at least seven years for Social Security benefits and penalties on early withdrawals from tax-advantaged retirement accounts. A financial advisor can help you design a plan to pay…

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