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!