Can You RETIRE with $1 MILLION? (Answer: Maybe Not)

in retirement •  7 years ago 

Here's the title of a new MoneyGPS video...

This Is How Long $1 Million Will Last In Retirement For Each State! It’s LESS Than You Think!

In the video, David Quintieri of MoneyGPS makes a number of interesting statements, including:

"Many people are plain bad at estimating."

"Often times, we don't account for many unforeseen events."

Highlighted in the video, "A cool $1 Million has long been considered the gold standard of retirement savings. These days, it's only a fraction of what you really need."

At this point, I'm thinking... I need to become a millionaire just to think about retiring! Perhaps 2 or 3 Million will do it?!

A million dollars ain't what it used to be!


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