[USER]

I am semi retired, I self manage my properties. I am feeling like I am short 200-300k and maybe I should go back to work a few years. Or should I stay the retirement course and make it work?

Age 53
Monthly expenses 7000
I net 8500/ mo on rentals
2.5 million net in Real estate
380k in brokerage accounts
I still have 300k mort on my primary home (this is included in 7k expenses )

I’m trying side hustles, but not making that much extra.
What’s your advise?

Thank you!

[Gregory]

Stay retired. Work will always be there. Time won’t.

[Eric]

If your cash flow from real estate is 1500 more than your monthly expenses and you have a NW of 3 million you don’t NEED to go back to work.

If you want to that’s fine but you definitely don’t need to.

[Bryan]

cash out of something to support 3 years of expenses, put it in HYSA, CD, or something relatively liquid, and enjoy.

even under the 4% rule that I hate so much, you could upgrade to 10k per month expenses and be fine.

[Karl]

A little lean but doable, hopefully you have a healthy cash reserve for capital expenses on the rentals.

[Author]

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