The Moneyist: ‘I grew up dirt-poor’: I am 43 and have $2.5 million in stocks and an IRA. Can I retire early?

by | Aug 24, 2023 | Stock Market

Dear Quentin, I have $2 million in stocks, mutual funds and exchange-traded funds, $500,000 in retirement funds and $250,000 in cash. I have no debt other than two properties valued at about $300,000 each. The mortgage on one is almost paid off, and although the other one has a while to go, they are rental properties so they pay for themselves. I also hold the majority share of my parents’ home after my mother passed away. It’s valued at about $500,000, but I can’t touch that unless my siblings agree to sell. 

“‘I’ve had lots of hard lessons along the way, but I‘m proud I’m a self-made millionaire without the help of anyone, especially my family.’”

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