‘I’m ready to walk away’: I have $400K in retirement savings and want to quit my job of 30 years. Can I do it?
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‘I’m ready to walk away’: I have $400K in retirement savings and want to quit my job of 30 years. Can I do it?Listen(9 min)Listen(9 min)I am 62 years old. I’ve worked for the same company for over 30 years and I am ready to walk away. I have a 401(k) which, unfortunately, I was not able to invest in for 10 years due to a poor housing decision. Once I started investing, I put the maximum in for 11 years, but I am still behind. As of today, the total is $227,520. My sister-in-law left me part of her IRA when she passed and, due to the market, it fluctuates between $179,000 and $182,000 week to week.About the AuthorAlessandra Malito is a retirement reporter based in New York. She holds the Chartered Retirement Planning Counselor™ and Chartered Financial Consultant® designations. You can follow her on Twitter @malito_aliCopyright © 2026 MarketWatch, Inc. All rights reserved.