I’m 50 and plan on working at least another 5 years – will I have enough money saved to spend $300k every year in retirement?

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I’m 50 and plan on working at least another 5 years – will I have enough money saved to spend $300k every year in retirement?

247wallst.com/personal-finance/2025/03/12/im-50-and-plan-on-working-at-least-another-5-years-will-i-have-enough-money-saved-to-spend-300k-every-year-in-retirement

Key Points

A Reddit user with $12.5 million wants to confirm he can retire in five years.

He’s hoping to be able to spend $300K per year in retirement.

With the growth of his assets in the coming five years, he should easily be able to hit his spending target.

Are…

This story appeared on 247wallst.com, 2025-03-12 21:40:22.