Here's What a $1 Million, $2 Million, and $3 Million Retirement Could Look Like
They all paint pretty different pictures.
Overview
Finding cash to spare for your future might be the toughest part of retirement planning, but it's only one piece of the puzzle. You also have to pick the right savings target, and that's trickier than it looks. You don't know exactly how long your retirement will last, or how much you'll spend annually.
Some people fall back on round numbers, like $1 million, $2 million, or $3 million, as their goal. But many don't understand what kind of retirement those nest eggs could actually give them.
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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.