I’m 65, with $500k in cash, a $1 million IRA, and Social Security. Is it a good time for me to retire?

Today, we Examine this Question, and try to make Wise Decisions for a Comfortable Retirement!

If you have $1.5 million in savings plus Social Security, you should be set for a decent retirement at 65, depending on your needs and situation. To make the right decisions about Social Security, investments, and spending, take some time to plan. If you need more guidance, consider talking to an investment advisor portfolio manager.

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Determine your Social Security Benefit

Figure out your Social Security benefits at 65, by considering the full retirement age, which is 66 years and 8 months for someone born in 1958. If you retire at…

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Joe Macek, iA Private Wealth Canadian Edition

Joe Macek is a Cross Border Portfolio Manager, Investment Advisor, iA Private Wealth, Helping People Plan, Save and Invest FOR AND DURING Their Retirement Years