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Too late to invest in stock market?

Y
Oct 5, 2025 · 19:04

Hope this is the right place to ask. 60 years old, lost nearly all assets in 2009. Switched careers and slowly building back something. No kids or spouse. $130K income. 2 homes, both with mortgages. Owe combined $450K and could sell today both and net $500k or more. One house is were I live, other is in another state where I plan to retire, and will sell main property at that time. 2nd home owned outright for 20
Years but recently bought out partner, reason for mortgage there. I have no other debt. Have about $140k in savings and another $25k in checking. Is it too late for me to invest in the stock market? I’m thinking 10 years maybe,about $1k a month? Does that make any sense? No other accounts like Roth or 401k. No option from employer- own my own business. It’s also possible that when I do retire I am able to sell my business and net another $500k or more.