I’m 59 and Single with a $400K House, $1.5M in Savings at 2% and $850K in my 401(k). I Want to Retire This Year. Can I?

A reader sent in a question asking whether they could retire at 59½ with a paid off home, substantial savings and no debt. Professionals and the author recommend consulting a CFP® professional, even for a one-time plan, which can help ensure long term affordability of healthcare, long term care and lifestyle needs throughout retirement.

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