A 55-year-old California man recently turned to the Bogleheads forum — a famously level-headed community of long-term investors — to ask the question most workers dream of: Am I ready to retire?
His post wasn't wishful thinking. It read like a financial statement. He's single, has no children, and no plans for an inheritance. His portfolio? A staggering $7.45 million, split across a mix of pre-tax accounts, Roths, and taxable investments. About 85% sits in stocks — index funds and a few highly appreciated individual shares — while 15% rests in bonds and cash.
