Redditor plans $80,000 annual expenses for retirement at 60, financially secure.

A 57-year-old Redditor is aiming to retire at 60 with an $80,000 annual expense plan. With a $1.9 million net worth, including retirement and brokerage accounts, the Redditor is on track. Commenters believe retirement is feasible, especially with three more years to save and let investments grow.

The Redditor’s financial security is solid, with a paid-off home, car, and a job earning $133,000 per year. Retirement at 60 is realistic with a $2 million portfolio following the 4% withdrawal rule. The Redditor’s investments offer a cushion against market fluctuations for a comfortable retirement.

Despite having a comfortable set-up, early retirement raises questions about purpose and fulfillment for the Redditor. While hobbies can occupy time, work provides a sense of purpose that might be missed in retirement. Balancing financial security with a fulfilling life post-retirement is crucial for the Redditor to consider.

Read more at Yahoo Finance: ‘I’d Like To Plan For Annual Expenses Of $80,000 Per Year’