A couple with $7,000 a month in pensions and Social Security income, alongside $140,000 in cash savings, is questioning whether they can afford to retire. The husband seeks advice on their financial readiness. Key factors include their monthly expenses, potential healthcare costs, and long-term financial goals. The wife is a Japanese national and a U.S. permanent resident, which may introduce specific considerations regarding taxes and estate planning. Financial advisors typically recommend assessing retirement income against anticipated expenses, factoring in inflation, and considering investment strategies to ensure long-term financial security.