I am 35 years old and want to spend the rest of my life in Vancouver --- retire.
Here is my question: I have about $500,000. Is that enough for a retirement life? I am still single but want to get married within 5 years and maybe have one or two kids. Not a terribly material guy, but like to enjoy life a little bit -- movie, dining out once a week, etc. Planning to buy a small house, and a new car, maybe some traveling twice a year. Please tell me if half million dollars is enough. I appreciate if you can give me some detail analysis.
freeman
Here is my question: I have about $500,000. Is that enough for a retirement life? I am still single but want to get married within 5 years and maybe have one or two kids. Not a terribly material guy, but like to enjoy life a little bit -- movie, dining out once a week, etc. Planning to buy a small house, and a new car, maybe some traveling twice a year. Please tell me if half million dollars is enough. I appreciate if you can give me some detail analysis.
freeman