I’m in my mid-40s with $2 million and I would love to retire before I’m too old. What are my options?

Core Insights - The article discusses the financial situation of an individual who has accumulated $2 million by their mid-40s and is considering early retirement options [1][2]. Investment Strategy - With $2 million saved, the individual could potentially grow their savings to approximately $7 million by their mid-60s if they maintain a 7% annual return over 20 years [3][7]. - If the individual aims to retire earlier, such as in their mid-50s, they would need to continue saving and investing, potentially adding $3,000 monthly to their portfolio to reach around $4.5 million [6][7]. Retirement Planning - It is crucial for the individual to define what early retirement means for them and to assess their anticipated expenses to determine if their savings will be sufficient [5][8]. - Retiring at a significantly younger age, such as 48 or 49, may not be feasible without a more substantial savings plan, as the time for growth would be limited [4][8].