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25.01.2020 21:17:00

Here's How Much You Need to Invest to Retire With $1 Million

For many Americans, retiring with $1 million saved would be a dream come true. A nest egg of this size would provide around $40,000 in annual income, assuming you follow the 4% rule. When combined with Social Security benefits, this could provide a pretty comfortable lifestyle. But while $1 million is a nice number to aim for, is it actually possible to achieve?To determine that, you'll need to know what it would take for you to retire with seven figures saved up. And that answer depends on when you start saving as well as the returns your investments earn. Continue reading
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