
Retiring With $1,000,000 By Age (Is $1M Enough?)
Money Guy Show
00:00
A Million Dollars Isn't Enough
A million dollars just isn't enough. It's not going to get the job done. A 25 year old in this country right now, we know that the medium income is about 34 thousand dollars. And at 65, they'l want to replace a hundred % of that pre retirement income. In order to do that, by the time that 25 year old gets to 65, they will need to have accumulated about two point three million dollars.
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