Can You Retire with $500k at 58?

Antonio Cibella - Vision Wealth Management
Antonio Cibella - Vision Wealth Management
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Published 2024-07-17
Is it possible to retire at age 58 with $500,000? That depends on a lot of different variables. How much are you expenses? How is the $500,000 invested? When should you start Social Security? All of these are questions that will have an impact on whether you can retire at 58 with $500,000 or not. We'll dive into all of it in this case study.

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0:00 Can you retire at 58?
1:13 The Overview of Stanley Hudson
2:35 Reviewing their Asset Map
3:28 Step Number 1 - What do they need?
5:35 What are their sources of income?
7:34 How much can they draw from their portfolio?
9:07 What can they do to change their outcome?