If You’ve Saved $3 Million By 50, Do You Have Enough to Retire?

Key Points While $3 million is a good amount of money, it’s not necessarily enough to retire at 50. You have to think about your financial commitments. You also must consider whether you can fund your chosen lifestyle at a safe withdrawal rate. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. So, you're 50 years old and you have $3 million. Are you ready to retire? The answer to this question isn't ...