Scenario: I plan to retire at 50 and live abroad where the cost of living is cheaper. A pension and several other retirement accounts will be used after turning 59.5 years old.
I have $200,000 that I can spend over the next 9.5 years and, for the purposes of this scenario, the cost of living is $18,000 per year. From the ages of 50 to 59.5, what would you recommend that I do with the $200,000, assuming $18,000 of it needs to be accessible each year to pay for monthly expenses? Thanks.
original posted by Pryght to r/personalfinance on Sun, 03 Mar 2024 03:14:34 GMT.