How Long Will a Million Dollars Last You?
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How Long Will a Million Dollars Last You?
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The question everyone has about retirement is how much am I going to need? A million dollars seems like a magic number, but how long will it actually last you? We’ll go through a recent Yahoo! Finance survey and discuss how we help clients determine that number for their retirement.
Read more and get additional financial resources here: https://pffirm.com/2021/05/how-long-will-a-million-dollars-last-you/
What we discuss on this episode:
2:38 – Details on the Yahoo! survey
6:14 – Annual expense measurement
8:56 – How much our average clients spends every year
10:36 – How many years should you plan for in retirement?
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