One million dollars is a common benchmark when it comes to retirement goals, and many resources will recommend this number as how much you should save before you retire. http://bit.ly/2GeByc2
However, while one million dollars may sound like a great goal to strive for, the truth is that one million probably isn’t going to be enough for you to live a comfortable and enjoyable retirement. To better understand how long one million dollars will actually last in retirement, we’ll take a look at some of the factors affecting how much retirement costs.
Wondering how much you need to save for retirement and how investing can help? Try my free retirement quiz today! Click the link above.
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