u/adh98765

Can I retire at 47?

Can I retire at 47?
Married (both 46) with 2 kids (11, 15)
Combined income $260k
Retirement accounts total ($2.7 million, out of which 1.3 mil is roth)
Brokerage $600k
Cash $400k
529 $500k
Mortgage $40k left at 2.65% (Home worth $700k)
One pension at $55k at 55
SS $3500 each at 67

Expenses around $12k per month (incl mortgage)

I am tired of my soul sucking corporate job and want to quit at the earliest and pursue my hobbies and passion(probably go to $20-30k per year). Wife (260k income) plans to work till 55. She has health coverage for the family.

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u/adh98765 — 2 days ago