Is 55 years old a senior citizen?
I'm wondering if someone who is 55 years old can be considered a senior citizen. Is this age group typically included in the definition of senior citizens?
Can I retire at 55 with 10 million dollars?
I'm wondering, is it realistic to retire at the age of 55 with a nest egg of 10 million dollars? Could I comfortably maintain my current lifestyle and enjoy the fruits of my labor at such an early retirement age? Given the volatile nature of the financial markets and the potential for inflation, how would I ensure that my savings would last throughout my retirement? Could I afford to travel, pursue hobbies, and live comfortably without worrying about financial constraints? Is there a specific financial plan or strategy that I should follow to ensure a secure and enjoyable retirement at 55 with 10 million dollars?