Can I retire at 60 with $1 million as a CRNA? episode artwork

EPISODE · Oct 14, 2025 · 15 MIN

Can I retire at 60 with $1 million as a CRNA?

from MoneyRx for CRNAs and NPs · host Brett Fellows, CFP®

You survived the grueling school years, mastered one of healthcare's most demanding roles, and saved diligently for decades. Now you're staring at your account statements showing seven figures and asking yourself the million-dollar question: Can I finally retire at 60?But when many CRNAs with substantial savings seek answers to retirement planning, they often fall into the million-dollar retirement trap. This is where high-earning professionals become paralyzed by the gap between having a lot of money and knowing whether their savings can sustain their lifestyle for potentially 40-plus years of retirement.In this episode, we walk through Jennifer's transformation. A CRNA who came to me convinced she needed to work until age 65 despite having $1.2 million saved at age 60. What she discovered about her retirement readiness completely shifted her perspective on when she could step away from clinical practice.Brett explores:The three fundamental misconceptions that keep CRNAs trapped in the million-dollar retirement trap.Why the 4% rule doesn't work for CRNAs retiring at 60.How to map your actual lifestyle instead of chasing arbitrary savings targets.The strategic withdrawal approach allowed Jennifer to retire at 61 instead of 65.The three key components of CRNA Retirement Reality Planning.How to confidently answer whether you can retire at 60 with $1 million.The answer for many CRNAs is yes, but it requires moving beyond generic advice to a personalized strategy that respects both your financial realities and your professional achievements.Click here to download the Retirement Readiness Checklist: https://moneyrxforcrnasnewslettersignup.kit.com/4764a9941dKey timestamps:(1:00) Welcome and the million-dollar question(2:10) The million-dollar retirement trap explained(3:40) Jennifer's story(4:20) Three fundamental misconceptions(4:40) Misconception #1: Magic number obsession(6:00) Misconception #2: Withdrawal rate paralysis(7:20) Misconception #3: Healthcare cost catastrophizing(9:45) CRNA Retirement Reality Planning(10:05) Jennifer's transformation(13:50) Free retirement readiness checklist(15:05) Final message and closingFor more information and resources related to this episode, please visit the show notes. 

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You survived the grueling school years, mastered one of healthcare's most demanding roles, and saved diligently for decades. Now you're staring at your account statements showing seven figures and asking yourself the million-dollar question: Can I finally retire at 60? But when many CRNAs with substantial savings seek answers to retirement planning, they often fall into the million-dollar retirement trap. This is where high-earning professionals become paralyzed by the gap between having a lo...

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Can I retire at 60 with $1 million as a CRNA?

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