
353. Is $2 Million Enough to Retire? What about $3 Million?
Reaching a retirement portfolio of $2 million or $3 million may feel like crossing a definitive finish line. However, an account balance alone does not determine whether someone is financially prepared to retire.In this episode of A Wiser Retirement® Podcast, we discuss how two households can enter retirement with the same amount of savings and experience very different outcomes. Retirement age, annual spending, taxes, healthcare costs, debt, income sources, and account types all influence how long a portfolio may last.The more useful question is not simply, “How much have I saved?” It is…
The skinny
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