I’m 44 with $2 million saved for retirement but I still feel way behind – is it too late to switch careers?
Yahoo Finance·2026-01-15 17:49

Financial Situation Overview - A couple at 44 years old has a combined income of $620,000 and a net worth of $2.1 million, but they face high living expenses of $17,000 per month and a mortgage of $1.15 million [2][3][8] - The couple is questioning their ability to reach a retirement goal of $8 million due to their current financial pressures [2][8] Expense Management - It is recommended to evaluate monthly expenses closely and identify areas for potential cuts, as $17,000 is a significant amount to spend each month [4][8] - Focusing on reducing spending may be more beneficial than solely increasing income [4][8] Career Considerations - Exploring career changes or advancements could potentially increase income, but there is a risk that such changes may not yield the expected financial benefits [6][7] - Investing in skills and seeking higher-paying opportunities is advisable, though the current job market may present challenges [7]

I’m 44 with $2 million saved for retirement but I still feel way behind – is it too late to switch careers? - Reportify