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Reply to "Why wouldn't you retire on $5M?"
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[quote=Anonymous][quote=Anonymous]We retired at 60 with about $6M. Own our $1.5M house and cars- 0 debt. We spend about $20k/month. We spend mostly on travel and have/do everything we could want. Our investments seem to cover our spend so net worth hasn’t gone down and we haven’t started collecting SS yet. I’m pretty sure $5M would be plenty to retire with and have a very nice lifestyle. [/quote] I am in this exact situation, but still working b/c don’t feel like it is enough. I have no pension, but will get SS. Can you give some details on how you structured your investments? [/quote]
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