Can I retire at 62 with $400,000 in 401k?
I'm curious, given the current financial landscape and retirement trends, is it feasible to retire at the age of 62 with just $400,000 in a 401k account? With inflation, the potential for market volatility, and the ever-changing cost of living, what factors should one consider when making such a decision? Additionally, are there any alternative investment strategies or savings vehicles that might help bolster retirement funds in this scenario?