Quote:
Originally Posted by Unregistered
Retiring at 55 is just nice, not too early neither too old. If $300k is not enough, you can consider downgrading. Maybe you can sell your current home and move to a smaller home. This can maybe give you an extra $200k in cash.
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Thanks for the suggestion. We have that in mind too if we need more cash. We can sell our current home for about $1.25 mil and then buy a flat for about $500k. This should give us an additional cash of $700k which we can use to enjoy and travel the world!