Many people work for decades, hoping that they can retire when the time arrives. One Redditor recently turned 59 1/2 years old and wants to retire. This individual doesn't have millions of dollars in the bank and shared a post on Reddit that details their situation.
A $900,000 401(k) and $400,000 in cash are his main liquid assets. A fully paid-off home and a pension that will bring in $1,000 per month are the other highlights. Redditors debated if it was possible for the 59 1/2 year old to retire.
