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2025-03-06 14:56:19 UTC

I’m 50, making $60K with just $100K in retirement after paying for my kids’ college — can I still retire by 65?


I’M 50, MAKING $60K WITH JUST $100K IN RETIREMENT AFTER PAYING FOR MY KIDS’ COLLEGE — CAN I STILL RETIRE BY 65?

https://media.zenfs.com/en/moneywise_327/f473b2e511154154f85cd6fe49289b80
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✍️ A 50-year-old individual with a $60,000 salary and $100,000 in retirement savings is behind on their investment goals. They can still retire comfortably at 65, but may need to make sacrifices or delay retirement.
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👉 Catch up on retirement savings by investing $1,504.81 per month
👉 Consider delaying retirement to age 70 to increase Social Security benefits
👉 Prioritize retirement savings over other financial goals, such as paying for children's college

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#finance
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https://media.zenfs.com/en/moneywise_327/f473b2e511154154f85cd6fe49289b80

https://finance.yahoo.com/news/m-50-making-60k-just-140500514.html