Can you retire with 600000

Answer 1

Yes, retiring with $600,000 is possible, but it largely depends on factors such as your lifestyle, expenses, and other sources of income like Social Security or pensions. If you maintain a frugal lifestyle and have a well-planned budget, this amount could support you for several years. Additionally, investment strategies and market conditions will influence how long your savings last. It's advisable to consult a financial planner to tailor a retirement strategy to your specific needs.