The Reality of a Million-Dollar Retirement
This article was originally published on ETFTrends.com.
By Rick Kahler via Iris.xyz Retiring on a million dollars. The idea may evoke images of lavish retirement homes or luxurious travel. But let’s take a closer look at the real lifestyle that $1 million of retirement savings will afford. It’s reasonable to assume a long-term real return, after adjusting for inflation, of 2% on a [...]