Here's How Long $1 Million Will Last in Retirement
There is no one-size-fits-all amount a person should save for retirement. However, properly managed, here's how long $1 million can last.
Here's How Long $1 Million Will Last in Retirement
Overview
For years, $1 million was the benchmark -- the ideal amount saved for retirement. However, given the number of variables involved in retirement expenses, it's impossible to determine an exact amount that fits every retiree.
If you're aiming for $1 million in a retirement account and wonder how long it will last you, you may not like the answer. That's because it depends.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
