Financial media sells the idea of a single magic retirement number: $1 million, $2 million, $5 million. But a single number without context is meaningless. $1 million supporting $40,000/year in spendi...
Financial media sells the idea of a single magic retirement number: $1 million, $2 million, $5 million. But a single number without context is meaningless. $1 million supporting $40,000/year in spending is comfortable. $1 million supporting $100,000/year in spending lasts about 12 years.
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