Can I live off the interest of 250k?
Can I live off the interest of 250k? Ideally, you can live off the interest without touching your investment principal. While many investors may not be able to live off the interest from $250,000, it could supplement other sources of retirement income to meet their needs.
Can I retire at 65 with 300k?
In most cases, you will have to wait until age 66 and four months to collect enough Social Security for a stable retirement. If you want to retire early, you will have to find a way to replace your income during that six-year period. In most cases $300,000 is simply not enough money on which to retire early.