
Retiring With $1,000,000 By Age (Is $1M Enough?)
Money Guy Show
00:00
Will a Million Dollars Be Enough?
If you have a five % withdrawal rate, sustainable of the long term, that could generate for you about 27 thousand dollars a year in to day's dollars. So w're getting a little bit better but will that get the job? I mean, i do get excited ecause it's getting closer to seeming like a reasonable some especially if you're debt free and you're in retirement. But i'm still answering, probably not. Ecuse, you have still a lot of life to live before you get to retirement.
Play episode from 17:07
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