225. How Long Does $1 Million Last in Retirement?
If you have $1 million saved for retirement, how long will it last? We put this question to the test with four different spending scenarios, and the results might change how you think about your retirement plan.What we cover00:00 Intro00:30 The #1 Question Retirees Ask About Their Savings01:30 Why Stress Testing Your Portfolio Matters03:18 Scenario 1: 40k Withdrawal06:25 Scenario 2: 50k Withdrawal07:24 Scenario 3: 60k Withdrawal09:24 Scenario 4: 80k Withdrawal11:00 Three Phases of Retirement Spending13:52 Stress Testing Against Market Volatility15:55 Client Success StoryThese scenarios are…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.