• Can You Retire at 60 with $1 Million Saved? Ep #165

  • Jun 18 2024
  • Length: 26 mins
  • Podcast

Can You Retire at 60 with $1 Million Saved? Ep #165

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  • Summary

  • “I’m 60 years old and have $1 million saved. Do I have enough to retire?”

    I had a conversation with someone who had saved over $1 million and had been told he could retire. So he did retire—and completely regretted it. He wishes someone had told him to wait longer. Sadly, $1 million doesn’t go that far anymore.

    Too many people answering this question neglect to address all of the factors that influence whether or not you’ve saved enough to retire. In this episode of the Retirement Made Easy podcast, I’ll dive into some of the factors you need to consider in three different scenarios. Because you have to take into account far more than what you have saved.

    You will want to hear this episode if you are interested in...
    • [3:49] Scenario #1: Retiring at 60 with $1 million saved
    • [7:41] Scenario #2: Retiring at 60 with $1 million saved
    • [12:53] Scenario #3: Retiring at 60 with $1 million saved
    • [17:00] Why the answer is never as simple as yes or no
    Resources & People Mentioned
    • 3 Steps to Retirement Planning
    Connect With Gregg Gonzalez
    • Email at: Gregg.gonzalez@lpl.com
    • Podcast: https://RetirementMadeEasyPodcast.com
    • Website: https://StLouisFinancialAdvisor.com
    • Follow Gregg on LinkedIn
    • Follow Gregg on Facebook
    • Follow Gregg on YouTube



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