SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. With a $1.6 million net worth and $4,500 in monthly expenses, retiring at 63 is a possibility, but quite a bit of that depends on your circumstances. The income your net worth will generate depends first on how much…
There are many different approaches and strategies for retirement investing that might appeal to you. But how do you tell if a certain strategy works for your situation? When evaluating different approaches, consider how each strategy is put together and determine whether it fits your individual needs, resources and risk tolerance. If you’ve ever been…
We have $310K left on our mortgage and plan to sell in 3 years — should we pay it faster or invest extra cash? Does it make sense to aggressively pay down your mortgage first? Or should you invest any extra cash? When the question is whether you should pay off debt or invest, the…