Core Insights - A 54-year-old Reddit user is contemplating early retirement, having a net worth of approximately $12 million, with various income sources including real estate investments [6][8] - The user is evaluating his financial situation, including savings, investments, and expenses, to determine if he can retire comfortably [2][3] Financial Situation - The Redditor has a net worth of $11.8 million, comprising $1.18 million in stocks, $10.4 million in property equity, $6.1 million in rental properties, $0.95 million in land, $300K in cash, and a primary home valued at $3.3 million [7] - He generates around $230K in cash flow from rental properties after expenses, with earnings fluctuating between $300K and $500K, and annual expenses totaling approximately $200K, excluding taxes [7] Retirement Considerations - The Redditor's income from rental properties and estate investments suggests that early retirement may be feasible, despite potential health insurance costs after leaving his job [4][6] - The decision to retire early involves weighing the stability of a regular paycheck against the uncertainties of relying on investment income [8]
My wife retired 2 years ago and I’m still working – is our $12 million net worth enough for me to join her in retirement?
Yahoo Finance·2025-12-30 16:48