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I'm 39 with $1,000,000 saved and planning for a frugal lifestyle — with no wife or kids. Can I retire on $40,000 a year?

2025-01-28AOL
I'm 39 with $1,000,000 saved and planning for a frugal lifestyle — with no wife or kids. Can I retire on $40,000 a year?

The answer may very likely be no, but it depends on more than just your bank balance and whether you stay single. ...Read more

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