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Can I Retire at 60 With $500,000? What If My Spouse Dies?

Can you retire at 60 with $500,000 saved? In this retirement scenario, we look at a couple with about $586,000 and walk through whether their income, Social Security, and savings may be enough to support retirement.

But the bigger question is what happens if one spouse dies. We look at how losing one Social Security benefit, changes in income, and ongoing expenses can affect the surviving spouse’s retirement plan.

If you are asking, “Can I retire at 60 with $500,000?” this example shows why retirement planning has to look beyond just the starting balance.

**Schedule your complimentary virtual consultation 😊 , click here: https://pearlwealthgroup.com/contact/ or use our calendar link: https://calendly.com/pearlwealthgroup/discoverycall **

Pearl Wealth Group, LLC is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training.This content is provided for general informational and educational purposes only. It is not individualized investment, tax, or legal advice and is not a recommendation to buy or sell any security, insurance product, or investment strategy. Viewing this content does not create an advisory relationship with Pearl Wealth Group.

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Episoder(293)

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