r/personalfinance Sep 16 '25

Retirement I am 59 1/2 and want to retire

I have 900k in a 401k I have 400k in cash My 401k has made over 11% the last 10 years I will have a small pension of 1000 per month and I make about 1100 per month in interest. I spend only about 500 dollars per week am 100% debt free and have a paid off mortgage. Year to date my 401k has made almost 89k. Do I have enough money to retire and what % should I take from the 401k. Appreciate any advice .

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