With a $1.6 million net worth and $4,500 in monthly expenses, retiring at 63 is a possibility, but quite a bit of that ...
In 2022, the most recent year with available data, the median retirement savings for Americans aged 55 to 64 was $185,000, according to the Federal Reserve. Let’s say you’re 63 with $390,000 saved.
If you were born after a certain year, you won't be able to collect Social Security benefits for several more years. Here's ...