Here's How Much You Can Safely Withdraw From a $1 Million Portfolio in Retirement
It's important to make sure that money lasts.
Overview
Retiring with $1 million is something many people don't come close to doing. So if you've managed to amass an IRA or 401(k) balance that large, you should be proud.
But you also don't want your money to run out in your lifetime. If you're wondering how much you can safely withdraw from a $1 million portfolio, the answer is, it depends on a host of factors.
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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.