Can I Retire At 65 With $2 Million?

Shawn Plummer

CEO, The Annuity Expert

Retire at 65 with $2 Million

Yes, you can retire at 65 with $2 million dollars, considering several financial strategies:

  • Annuity Payments: Investing in an annuity can provide a stable income. For example, a $2 million annuity might pay approximately $153,000 annually. This income continues for life with any remaining balance can be passed to heirs.
  • Social Security Benefits: At 65, you are eligible to start collecting Social Security benefits. However, waiting until your Full Retirement Age (FRA) may increase your monthly payout.
  • Medicare Enrollment: At 65, you’re eligible for Medicare. Enrolling in Medicare can help manage healthcare costs in retirement.
  • Long-Term Care Insurance: Consider purchasing long-term care insurance now. It can be more cost-effective and easier to qualify for at a younger age.


Retiring at 65 with $2 million is feasible with careful planning around annuities, social security, Medicare, and long-term care insurance. These strategies can provide financial stability and healthcare security in retirement. Contact us today for a free quote.

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Shawn Plummer

CEO, The Annuity Expert

Shawn Plummer is a licensed financial professional, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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