Why even $1M may not be enough for retirement
Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013, in Washington, DC.
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#1 Apr 22, 2014
Since: Aug 14
#2 Aug 27, 2014
Of course not. Depends on a whole lot of factors, starting with spending (what if you feel you need to spend $1,000,001/year to live right).
How much you need depends on...
Investments, how they do and how they returns are taxed
Income from pensions etc.
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