Reported 2 months ago
This article discusses whether having $850,000 in an IRA along with $2,800 in monthly Social Security benefits is sufficient for a comfortable retirement at age 65. It emphasizes the importance of analyzing income and expenses in retirement through detailed budgeting. Various income options are presented, noting how investment choices can significantly impact overall income, as well as factors influencing retirement expenses depending on lifestyle and location. Consulting with a financial advisor for personalized planning is recommended.
Source: YAHOO