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Wednesday, December 8, 2021

Using and Investing Retirement Savings - USA Citizens


Recent

https://www.forbes.com/advisor/in/retirement/guide-to-planning-your-retirement/

https://economictimes.indiatimes.com/wealth/plan/the-30303010-rule-of-saving-for-ones-retirement/articleshow/85709986.cms


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SMART INSIGHTS FROM PROFESSIONAL ADVISERS
Is $1 Million Enough to Retire?
It surely sounds like a lot, but once you do all the math, you might be sadly surprised. Here's why.
By TAYLOR SCHULTE, CFP, Founder and CEO   | Define Financial
May 8, 2017

Taylor Schulte, CFP®, is founder and CEO of Define Financial, a fee-only wealth management firm in San Diego. In addition, Schulte is the founder of StayWealthySanDiego.com, where he is dedicated to helping consumers maximize their wealth. He has been recognized as a top 40 Advisor under 40 by "Investment News" and a 2017 "Young Advisor to Watch" by "Financial Advisor Magazine."

https://www.kiplinger.com/article/retirement/T047-C032-S014-is-1-million-enough-to-retire.html



When a $1 million retirement nest egg isn’t enough
PUBLISHED MON, JAN 1 2018 • 12:00 PM EST
Jessica Dickler
@JDICKLER
https://www.cnbc.com/2017/12/29/in-retirement-a-1-million-nest-egg-isnt-enough.html

Will Your Retirement Income Be Enough?
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BY INVESTOPEDIA   Updated Jun 7, 2018
How much money will you need to retire? Probably more than you think.
https://www.investopedia.com/retirement/retirement-income-planning/


Jun 18, 2014, 09:53am
Is A Million Bucks Enough To Retire?
 Tim Maurer
Advisor Network
Personal finance is more personal than it is finance.
https://www.forbes.com/sites/timmaurer/2014/06/18/is-a-million-bucks-enough-to-retire/#f601b6d5131b


INVESTING & RETIREMENT

Can You Retire on $1 Million?
According to the Bureau of Labor and Statistics (BLS), people age 55–64 spend a little more than $56,000 annually per household on food, housing, clothing, transportation and other lifestyle expenses, including health care.
The above estimate is based on 2014 statistics and it is available in
https://www.bls.gov/opub/btn/volume-5/spending-patterns-of-older-americans.htm
https://www.daveramsey.com/blog/can-you-retire-on-1-million