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Retiring at 62 with $600,000: how a couple's savings grow to $1 million

Original: A Couple Who Retires at 62 With $600,000 in IRAs and Lives on Rental Income for 11 Years Will Cross $1 Million by 73, and the First Required Withdrawals Land on Top of the Rent

A financial planning breakdown outlines how a couple retiring at 62 with $600,000 in individual retirement accounts can supplement their savings with rental income for 11 years, allowing the portfolio to grow past $1 million by age 73. At that point, required minimum distributions from the IRAs begin, adding withdrawal income on top of the rent. Commenters are weighing the strategy's reliance on steady rental cash flow and market returns.

Why now: Readers nearing retirement are interested in concrete examples of combining rental income with tax-deferred accounts and required minimum distributions.

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• A Couple Who Retires at 62 With $600,000 in IRAs and Lives on Rental Income for 11 Years Will Cross $1 Million by 73, and the First Required Withdrawals Land on Top of the Rent · 24/7 Wall St.

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