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At age 60, having $1.2 million in a Roth IRA places you in a favorable position for retirement income. This article discusses essential planning strategies, including estimating total retirement income from both Social Security and the Roth IRA, accounting for personal expenses, and mitigating risks such as inflation and healthcare costs. By ensuring a sound investment strategy and engaging with financial advisors, you can enhance the longevity of your retirement funds.
Source: YAHOO