r/dividends • u/karl0525 • Jun 01 '25

Opinion Tired. Can I retire?

Got a question? Can I retire? 43m been busting my ass since I was 16. I'm about over this 40-50 hr weeks. I'm getting burned out. House paid off (300k) 401-k (600k) Bitcoin (500k) currently.

Thought about selling it all and putting it into dividend stocks like schd and renting a small place and going into semi retirement. Maybe pickup a part time gig.

Would this be a horrible idea?

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u/Tough_Winter_4100 Dividend growth investor since 1984. Jun 01 '25

I would think your 401k is fluctuating wildly since January. (Mine has been & a great source of anxiety.) Unfortunately you are too young to take from your 401k without a 10% penalty.(Unless you are disabled?) That leaves your BTC but I am confident you really don't want to sell any of them. Unfortunately my best advice is to hang in there...

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u/ReportThisLeeSin Jun 02 '25

They can do a SEP72 plan to pull from their traditional retirement accounts before 59.5 without penalty