Retiring at 60 With $1.2M: Does It Work?

Learn more about FirstFruits Wealth Management here: https://www.firstfruitswealth.com/ Important disclosure: This video is solely for educational and informational purposes only and should not be considered personalized investment, tax, or legal advice. Investing involves risk, including the possible loss of principal. Please consult the appropriate financial, tax, or legal professional regarding your individual circumstances. The content is provided “as is”. While the material is believed to be accurate, no representations are made that the content is completely error-free. Can you retire at 60 with $1.2m? How does spending, healthcare, and social security impact things? We break down a full case study showing how the odds for success are driven by some controllable variables. What I Cover in This Video: 00:00 - Intro: $1.2m at age 60 00:30 - Meet Mike and Mary 02:29 - Health Care Considerations 05:29 - Initial Findings and Understanding Probability of Success 07:28 - Tweaks to Strengthen the Plan 09:09 - Typical Spending Patterns in Retirement 11:32 - Conclusions and Stress Tests Link to health care calculator: https://www.kff.org/interactive/subsi... Don't forget to Like & Subscribe for more tips on retirement, building wealth, and family finance!