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I have $2.5 million and fear that I’ll never be able to retire. Am I being irrational?

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71% Informative

Dear Fix My Portfolio, I have an irrational fear that I am not financially ready to retire.

I am currently 57 and my wife is 60 ; I am looking to retire within three years at the most.

I have no debt, other than a $ 20,000 loan from a retirement account, listed below.

With your holdings in brokerage accounts and cash, it does not seem likely that you’ll need to touch that Roth money early.

The goal is to have enough cash on hand to cover your expenses from the time you retire until Social Security kicks in.

Roth accounts are also the most advantageous to leave behind when you die.

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informal

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English

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long-living

External references

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