Reported 2 days ago
At age 66, a couple with $1.4 million in IRAs and $4,100 monthly in Social Security can expect a retirement income of approximately $108,000 per year. Effective budgeting for retirement should include assessing needs, lifestyle, aspirations, and estate planning, as well as considering withdrawal strategies and taxes. Financial advisors can provide valuable assistance in creating a comprehensive retirement plan tailored to individual circumstances and needs.
Source: YAHOO