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Alessandra Malito 2023-03-10 10:00:00

I'll be 60, have $95,000 in cash and no debts — I think I can retire, but financial seminars ‘say otherwise'

Load Error Dear MarketWatch, I will be 60 in September, have $95,000 in cash, work part time ($30,000 yearly) for insurance and contribute 10% plus the employer match of 8% to a small 401(k). My home and car are paid for, I don't have any other debts, and I am single. I live in South Carolina where the cost of living is manageable. I would like to start taking my Social Security at 62, (around $1,100 per month) and maybe still work part time. The job is very physical and not something I would be able to do for more than a few more years.

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