Retire at 62 in Delaware with $800k: A Fun Financial Guide

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Retire at 62 in Delaware with $800k: A Fun Financial Guide

Imagine this: you’re 62, sitting on $800k, and Delaware is your retirement dream! With a 3.1% withdrawal rate, Social Security can cover almost half of your $48k yearly budget. Delaware’s low taxes and no sales tax make it a winner over Florida! Just remember to watch your MAGI for tax credits before Medicare kicks in. Use SmartAsset’s free tool to find your financial buddy!