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What Will $1 Million Get You in Retirement?
MINYANVILLE ORIGINAL I spend a lot of time helping people understand how much money they will need to meet their retirement goals. Today I want to look at this another way: What will $1 million actually get you in retirement? This is an interesting question because a) many people believe that $1 million is a comfortable amount to meet their retirement goals and b) we can look at the different ways in which a couple can use this $1 million without running out of money. Like any retirement calculation this one involves many assumptions. But as long as our ...
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