With $1.3 million in a 401(k) and $4 million of real estate – can we afford to retire next year?

monkeybusinessimages / iStock via Getty Images Key Points The couple has $4.1M in net assets but falls $57,650 short of their $140K annual income need. Two $2M homes create high fixed costs but little retirement income without selling or renting. Selling one property could generate $68,820 in additional annual income and close the gap. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. A reader wrot ...