Reported about 1 year ago
Many retirees can likely retire at 66 with $900,000 in a Roth IRA and $2,200 in Social Security benefits, as this income is expected to cover typical expenses. With the 4% rule suggesting a safe annual withdrawal, the inflation-adjusted Social Security benefit adds security. Factors such as location, health, and lifestyle can affect retirement expenses. Financial advisors can aid in risk assessment and retirement planning to ensure a comfortable and secure retirement.
Source: YAHOO