‘I spend $7,500 a month’: I’m 47, earn $260K, and have $3 million. Can I retire at 50?
Yahoo Finance·2026-02-24 15:00

“Is retiring at 50 a realistic goal for me?” (Photo subject is a model.) - Getty Images/iStockphoto Dear Quentin, I am a single, 47-year-old man who makes $260,000 a year. I own a home worth $520,000 and do not have a mortgage on it. I pay $11,000 a year in property taxes and I spend $7,500 a month, although I think I could pare that back by a couple of thousand a month, if I needed to. I have $75,000 in cash, $1.1 million in a taxable brokerage account and $1.8 million in my 401(k). Is retiring at 50 a ...

‘I spend $7,500 a month’: I’m 47, earn $260K, and have $3 million. Can I retire at 50? - Reportify