USA-specific: At ~$38K/year (including SS) you probably need to own a home without substantial deferred maintenance to make it work. So you can retire on $250K but only if you're over 62 and only if you have substantial wealth outside of those liquid assets (so probably a net worth at least 2x your liquid). If you have a spouse also on SS it much easier.
USA-specific: At ~$38K/year (including SS) you probably need to own a home without substantial deferred maintenance to make it work. So you can retire on $250K but only if you're over 62 and only if you have substantial wealth outside of those liquid assets (so probably a net worth at least 2x your liquid). If you have a spouse also on SS it much easier.