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Kiplinger

Business

Eileen Ambrose

I'm 60, just paid off my $1 million home and have $750K in retirement savings — can I retire now?

Social Security Medicare

A 60-year-old woman in glasses stands similing in front of her house, folding her arms.

Question: I'm 60, just paid off my $1 million home and have $750,000 in retirement savings. Can I retire now? Please?

Answer: Your question is a fairly common one posed by Gen Xers, the oldest of whom turn 60 this year. We asked financial advisers to weigh in.

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