Retirement should be relaxing and stress-free. But, retirees are not immune to rising costs. Once you've paid for all your necessary expenses, you might have less money for discretionary expenses than...
I’m 50 and my husband is 57. We paid off all debts and have $1 million in our 401(k) and IRA. We also own $1 million in rental properties that give us a $5,000 net profit monthly. We hope to keep the rental homes for another 15 years for income. We have $200,000 in savings […] The post Ask an Advisor: We Have $1.45M Saved, Plus $1M in Rental Properties That Make Us $5K Per Month. Can We Retire in 5 Years? appeared first on SmartReads by SmartAsset.
According to Pew Research Center, people in middle-class America earn a median income of $106,100. While this is above the overall median household income of $74,480 -- as reported by the Bureau of...