Reported about 23 hours ago
At age 60, a couple with $1.3 million in 401(k)s and $5,100 monthly from Social Security has a solid base for retirement budgeting. Key factors influencing their income include investment strategies, anticipated longevity, inflation, and taxes. With careful planning, they can establish a sustainable income plan that accommodates potential expenses in retirement, ensuring their lifestyle remains comfortable despite the complexities of retirement finances.
Source: YAHOO