Can I Retire at 55 and Still Live the Life I Want?

Comstock from Photo Images and juststock from Getty Images Key Points The couple has $3M in savings plus $85K in annual teacher pensions that together exceed their projected spending needs. Upcoming major expenses include a $300K home upgrade and two weddings but their pension income alone covers most living costs. They are debt-free and live in a low cost-of-living area which gives them significant financial flexibility for early retirement. If you’re thinking about retiring or know someone who i ...