Retiring with $1.2 Million? Here's How to Avoid Running Out of Savings
The right strategy is crucial if you want your money to last.
Overview
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For many people, retiring with $1.2 million is a pipe dream. But if you steadily fund an IRA or 401(k) throughout your career and invest your money wisely, it may become your reality.
Details
Retiring with $1.2 million could lead to a very comfortable lifestyle. But it's important to make sure that money lasts as long as you need it to. Here's how to avoid depleting a $1.2 million savings balance through careful investing, withdrawals, and the right backup plans.
Source
Originally published at www.fool.com.