I’m 59 with a NW of $8M (excl house). I have two children, ages 17 and 15, and plan to retire next year. I’d like to set aside roughly $500K for each of them to cover their education. Our current household expenses are about $360K per year, and I expect this level of spending to continue in retirement. In addition, I’d like to leave an inheritance of $5M in today $$ for each child. Retirement calculators suggest that I’m financially prepared to retire, but I’d like to hear your perspectives

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