I'm 40 making $300k a year but have no work-life balance - how close am I to being able to retire?

A Reddit user, aged 40 and generating a $300K annual income, considers quitting his job due to dissatisfaction but fears financial implications. With $2.6 million in real estate yielding $40K yearly, $2.4 million in a brokerage account, and $2.1 million in an IRA, he faces challenges accessing his IRA before age 59.5, critically limiting his retirement funding options. His $200K annual spending in a high-cost area further complicates early retirement prospects, emphasizing the need for sustainable income planning.

Retiring early is possible, but it requires careful financial planning to ensure sustainable income and access to funds from various accounts.

The Reddit user, despite having substantial assets, faces challenges accessing funds due to IRA withdrawal rules and living costs.

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