Reported about 1 month ago
Retirement at age 66 with $900,000 in a Roth IRA and $2,200 monthly from Social Security is feasible but may require tight budgeting. With a combined income of approximately $62,400 from Social Security and Roth withdrawals, one might meet essential expenses. However, delaying retirement could enhance financial flexibility, potentially increasing retirement income to around $127,000 per year, thus providing a more comfortable lifestyle.
Source: YAHOO