""He can easily cover his spending with a very reasonable withdrawal rate, but says he is bored with the idea of giving up work so young.""
""There's nothing wrong with splurging when you have a lot of money, but you still need to do it somewhat responsibly.""
A 49-year-old Reddit user, with a net worth of $25 million and an annual income of $3 million, has reconsidered his early retirement plans. Instead of retiring, he aims to continue earning while indulging in luxury purchases like a Ferrari and private jet travel. Although he's entitled to enjoy his wealth, he must remain cautious about financial commitments. With over 4 million Americans set to retire this year, the article urges individuals to consult financial advisors to ensure they meet their financial goals and secure their futures responsibly.
Read at 24/7 Wall St.
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