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I’m a 39-year-old single dad with $600,000 saved — I want to retire at 50 but don’t know how. What should I do?

I’m a 39-year-old single dad with $600,000 saved — I want to retire at 50 but don’t know how. What should I do?

Although it is unfortunate that you do not have access to an employer-sponsored retirement plan, you’re far from alone. You mention having individual retirement accounts, but you could look into opening a Roth IRA, which is funded with after-tax dollars. “I would start there,” said Chris Hardy, a certified financial planner at Paramount Investment Advisors.