Ah, to retire at 55. The freedom, the spare time — it’s what so many of us aspire to. But retiring at the ripe age of 55 takes serious cash, especially if you have no intention of working another day in your life.
Most people planning to retire at age 65 think they need over $1 million to live comfortably; add an extra ten years to that timeline, and you can see why retiring at 55 gets dicey.
